巴黎人娱乐城

Entity

Benin

EU Issued, UK Endorsed; Solicited by or on behalf of the issuer (sell side)

ESG Relevance
1
2
3
4
5

01Ratings

RatingActionDateType
B+Affirmed21-Feb-2025Long Term Issuer Default Rating
BAffirmed21-Feb-2025Short Term Issuer Default Rating
BB-Affirmed21-Feb-2025Country Ceiling
B+Affirmed21-Feb-2025Local Currency Long Term Issuer Default Rating
BAffirmed21-Feb-2025Local Currency Short Term Issuer Default Rating
Ratings KeyOutlookWatch
Positive
Negative
Evolving
Stable 

* Ratings displayed in orange denotes EU or UK Unsolicited and Non-Participatory Ratings

Where there was a review with no rating action (Review 鈥 No Action), please refer to the 鈥淟atest Rating Action Commentary鈥 for an explanation of key rating drivers

*Premium Content is displayed in 巴黎人娱乐城 Red

Rating History

Date :21-Feb-202506-Sep-202408-Mar-202408-Sep-202324-Mar-202307-Oct-202208-Apr-202229-Oct-202111-Feb-202109-Apr-202028-Feb-202019-Dec-201908-Mar-201925-Jan-201205-May-201122-Oct-200907-May-200810-Jul-200615-Sep-2004
Rating :BB-BB-BB-BB-BB-BB-BB-BB-B+B+B+BB+BB+WDBBB-BBB-BBB-BBB-BBB-
Action :AffirmedAffirmedAffirmedAffirmedAffirmedAffirmedAffirmedUpgradeAffirmedAffirmedDowngradeAffirmedNew RatingWithdrawnAffirmedAffirmedAffirmedAffirmedNew Rating

02Rating Actions

03Insights

Rating Report / Thu 13 Mar, 2025

Benin

Rating Report / Wed 11 Sep, 2024

Benin

Rating Report / Thu 28 Mar, 2024

Benin

Rating Report / Thu 28 Sep, 2023

Benin

Rating Report / Thu 04 May, 2023

Benin

Rating Report / Wed 26 Oct, 2022

Benin

Rating Report / Mon 25 Apr, 2022

Benin

Rating Report / Thu 10 Feb, 2022

Benin

Rating Report / Tue 09 Mar, 2021

Benin

04Sector Outlooks

05Securities and Obligations

Filter
Sort by
Rated Entity / Debt  
Ratings  
Entity Details  
Debt Type & Identifiers  
Other Details  
Issuer: Benin
Debt Level: senior unsecured
Issue: EUR 500 mln 5.75% bond/note 26-Mar-2026
21-Feb-2025
B+
Affirmed
Long Term Rating

Rating History
Country: Benin
Sectors: Sovereigns
Disclosures: EU Issued, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
ISIN: XS1963478018 (Reg S)
ISIN: XS1963477556 (144A)
Maturity Date: 26-Mar-2026
Currency: EUR
Amount: 500,000,000
Coupon Rate: 5.75%
Placement: 144A
Issuer: Benin
Debt Level: senior unsecured
Issue: EUR 300 mln 6.875% bond/note 19-Jan-2052
21-Feb-2025
B+
Affirmed
Long Term Rating

Rating History
Country: Benin
Sectors: Sovereigns
Disclosures: EU Issued, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
ISIN: XS2286298711 (Reg S)
ISIN: XS2286299016 (144A)
Maturity Date: 19-Jan-2052
Currency: EUR
Amount: 300,000,000
Coupon Rate: 6.875%
Placement: Reg S
Issuer: Benin
Debt Level: senior unsecured
Issue: EUR 700 mln 4.875% bond/note 19-Jan-2032
21-Feb-2025
B+
Affirmed
Long Term Rating

Rating History
Country: Benin
Sectors: Sovereigns
Disclosures: EU Issued, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
ISIN: XS2278994681 (144A)
ISIN: XS2278994418 (Reg S)
Maturity Date: 19-Jan-2032
Currency: EUR
Amount: 700,000,000
Coupon Rate: 4.875%
Placement: Reg S
Issuer: Benin
Debt Level: senior unsecured
Issue: USD 500 mln 8.375% bond/note 23-Jan-2041
21-Feb-2025
B+
Affirmed
Long Term Rating

Rating History
Country: Benin
Sectors: Sovereigns
Disclosures: EU Issued, UK Endorsed; Solicited by or on behalf of the issuer (sell side)
senior unsecured; bond/note
ISIN: XS2976334222 (Reg S)
CUSIP: 08205QAC2 (144A)
ISIN: US08205QAC24 (144A)
Maturity Date: 23-Jan-2041
Currency: USD
Amount: 500,000,000
Coupon Rate: 8.375%
Placement: 144A
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06Disclosures

Original Rating Date
Long Term Issuer Default Rating15-Sep-2004
Short Term Issuer Default Rating15-Sep-2004
Country Ceiling15-Sep-2004
Local Currency Long Term Issuer Default Rating15-Sep-2004
Local Currency Short Term Issuer Default Rating15-Sep-2004
Endorsement Status
EU Issued, UK Endorsed
Country of 巴黎人娱乐城 Office
FRANCE
Solicitation Status
Long Term Issuer Default RatingSolicited - Sell Side
Short Term Issuer Default RatingSolicited - Sell Side
Country CeilingSolicited - Sell Side
Local Currency Long Term Issuer Default RatingSolicited - Sell Side
Local Currency Short Term Issuer Default RatingSolicited - Sell Side
Country of Analyst
FRANCE

07Identifiers

Type:CUSIPLEI
Identifier:08205Q635400Q11P6AE5A5Y230

08Criteria

24Oct
2024
Active Criteria
Sovereign Rating Criteria
24Jul
2023
Active Criteria
Country Ceiling Criteria
06Apr
2023
Expired Criteria
Sovereign Rating Criteria - Effective from 6 April 2023 to 24 October 2024
11Jul
2022
Expired Criteria
Sovereign Rating Criteria - Effective from 11 July 2022 to 6 April 2023
26Apr
2021
Expired Criteria
Sovereign Rating Criteria - Effective from 26 April 2021 to 11 April 2022
More Criteria

09Analysts

Arnaud Louis
Primary Rating Analyst

Thomas Garreau
Secondary Rating Analyst

Credit-Relevant ESG Scale

How relevant are E, S and G issues to the overall credit rating?

5
Highly relevant, a key rating driver that has a significant impact on the rating on an individual basis. Equivalent to "higher" relative importance within Navigator.
4
Relevant to rating, not a key rating driver but has an impact on the rating in combination with other factors. Equivalent to "moderate" relative importance within Navigator
3
Minimally relevant to rating, either very low impact or actively managed in a way that results in no impact on the entity rating. Equivalent to "lower" relative importance within Navigator.
2
Irrelevant to the entity rating but relevant to the sector.
1
Irrelevant to the entity rating and irrelevant to the sector

* ESG Relevance is applicable for international scale ratings only

Ratings KeyOutlookWatch
Positive
Negative
Evolving
Stable 

* Ratings displayed in orange denotes EU or UK Unsolicited and Non-Participatory Ratings

Where there was a review with no rating action (Review 鈥 No Action), please refer to the 鈥淟atest Rating Action Commentary鈥 for an explanation of key rating drivers

*Premium Content is displayed in 巴黎人娱乐城 Red