SINGAPORE (S&P Global Ratings) Nov. 3, 2025--S&P Global Ratings today assigned its 'CCC+' long-term foreign currency issue rating to U.S. dollar-denominated senior unsecured notes that Laos proposes to issue. The amortizing notes represent direct, general, unconditional, unsecured, and unsubordinated external indebtedness of the sovereign (CCC+/Positive/C). They rank equally with the sovereign's other senior unsecured external debt. General Criteria: Environmental, Social, And Governance Principles In Credit Ratings , Oct. 10, 2021 Criteria Governments Sovereigns: Sovereign Rating Methodology , Dec. 18, 2017 General Criteria: Methodology For Linking Long-Term And Short-Term Ratings , April 7, 2017 General Criteria: Criteria For Assigning 'CCC+', 'CCC', 'CCC-', And 'CC' Ratings , Oct. 1, 2012 General Criteria: Principles Of Credit Ratings , Feb. 16, 2011 General Criteria: Methodology: Criteria For
