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CORRECTED-Moody's downgrades Jordan credit rating two notches to B1
June 26, 2013 / 9:31 PM / 4 years ago

CORRECTED-Moody's downgrades Jordan credit rating two notches to B1

(Corrects to show outlook is stable, not negative)

NEW YORK, June 26 (Reuters) - Moody’s Investors Service on Wednesday downgraded Jordan’s sovereign foreign currency government bond rating by two notches to B1 from Ba2 citing a deterioration in the Middle East nation’s fiscal metrics and rising government debt.

The outlook on the credit is stable, Moody’s said in a statement. (Reporting by Daniel Bases and Pam Niimi; Editing by Bob Burgdorfer)

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