PARIS (S&P Global Ratings) March 24, 2025--S&P Global Ratings today said it had assigned its 'BB+' long-term issue rating to the proposed benchmark bond to be issued by Morocco (BB+/Positive/B). The proposed bond will constitute unsubordinated unsecured 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: Principles Of Credit Ratings, Feb. 16, 2011 General Criteria: Methodology: Criteria For Determining Transfer And Convertibility Assessments, May 18, 2009 Morocco, Sept. 20, 2024