Moody’s warns of significant ratings impact for Israel from all-out conflict

LONDON (Reuters) – An all-out military conflict with Hezbollah or Iran could have significant “credit consequences” for Israeli debt issuers, credit ratings agency Moody’s (NYSE:MCO) said on Tuesday.

“We continue to assume that the ongoing tensions will not escalate into an all-out military conflict between the two sides or extend to involve Iran, thus limiting the immediate credit-negative impact on the region,” the ratings agency said in a statement.

“However, an all-out military conflict with Hezbollah or Iran could have significant credit consequences for Israeli debt issuers.”