Ghana's Local Debt Score Raised by S&P as Domestic Default Cured.

Ghana's local credit score was raised to CCC+ from SD - or selective default - by S&P after new domestic debt securities were delivered to creditors, according to a Friday statement. The rating on Ghana's local-currency debt was upgraded by S&P Global Ratings as the country settles its domestic debt exchange with bondholders. [Extracted from the article]