Rating agency cites the Central American country’s “very strong” economic recovery and low fiscal deficits
Category: Fitch Ratings
Posted inDaily Brief
Azul, Gol shares sink on downgrades
Brazilian airlines face tighter access to credit markets, S&P and Fitch say
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Pemex may need government help to pay debt
Mexico’s state-owned oil company could require support to refinance $8 bln in debt this year, Fitch says
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Fitch downgrades Oi after halt to debt payments
Rating agency cuts the Brazilian telco to C after a court grants a 30-day injunction on interest payments for 2025 bonds
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Argentina’s bond buyback offer raises concerns
Analysts say it is not the right time for the $1 bln deal as the country’s foreign reserves run low
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Fitch downgrades Telefónica in Peru
Rating agency cuts telco to BB from BB+ following tax ruling
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Rating agencies demote Americanas for accounting scandal
Fitch lists the Brazilian retailer in default, while Moody’s leaves it deeper in junk territory
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Fitch downgrades Enel in Chile
Rating agency cuts the Italian power company’s subsidiary to BBB+ on higher-than-expected debt levels
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Fitch upgrades CAF after capital increase
South American development bank is expected to receive more payments from member nations in a $7 bln injection this year
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S&P changes Peru outlook to negative
Ratings agency says the latest political crisis poses a threat to economic policy stability