{"id":47155,"date":"2014-01-22T10:31:04","date_gmt":"2014-01-22T15:31:04","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/target\/sp-rating-could-hit-junk-status-2"},"modified":"2014-01-22T10:31:04","modified_gmt":"2014-01-22T15:31:04","slug":"sp-bahamas-credit-rating-could-hit-junk-status","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2014\/01\/sp-bahamas-credit-rating-could-hit-junk-status","title":{"rendered":"S&#038;P: Bahamas Credit Rating Could Hit \u2018Junk\u2019 Status"},"content":{"rendered":"<p><a href=\"https:\/\/www.bahamasb2b.com\/news\/target\/sp-rating-could-hit-junk-status-2\"><img loading=\"lazy\" decoding=\"async\" class=\" alignright\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2014\/01\/Standard-and-poors2.jpg\" alt=\"S&amp;P: Rating could hit \u2018junk\u2019 status\" width=\"384\" height=\"269\" \/><\/a>A Wall Street credit rating agency has confirmed The Bahamas could see its rating lowered to \u201cjunk\u201d bond territory this year if \u201cimportant reforms\u201d are not undertaken, and further economic deterioration occurs \u2013 but has asserted that it is not looking for value-added tax (VAT) specifically.<\/p>\n<p>Standard and Poor\u2019s lead analyst for The Bahamas, Lisa Schineller, said she could not say at this point when or if a downgrade would occur, but confirmed the agency views it as quite possible that this country could experience a \u201cone- to two-notch\u201d downgrade in 2014, the latter placing The Bahamas in a position where any bonds issued by the government would no longer be considered \u201cinvestment grade\u201d, she confirmed.<\/p>\n<p id=\"mct-ai-attriblink\"><a href=\"http:\/\/www.thenassauguardian.com\/index.php?option=com_content&amp;view=article&amp;id=44587&amp;Itemid=2\" target=\"_blank\">Click here to read the complete article at www.thenassauguardian.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street credit rating agency has confirmed The Bahamas could see its rating lowered to \u201cjunk\u201d bond territory this year if \u201cimportant reforms\u201d are not undertaken<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[153,29,98,289],"class_list":["post-47155","post","type-post","status-publish","format-standard","hentry","category-business","tag-business-2","tag-economy","tag-financial","tag-investments"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/47155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=47155"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/47155\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=47155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=47155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=47155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}