Brazilian power company’s ratings move up a notch after Italy’s Enel increases its stake to 93%
Tag: credit ratings
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Moody’s returns Vale to investment grade
Higher production and lower debt lets the Brazilian iron ore miner stand up to price fluctuations in the commodities market, ratings agency says
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S&P downgrades Odebrecht unit
Rating agency cuts the Brazilian builder’s civil engineering division due to higher restructuring risks
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Venezuelan duo cut to default following sovereign action
Both PDVSA and Corpoelec enter restricted default territory on the back of delayed bond payments
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Moody’s cuts JBS
Brazilian meatpacker falls to B3 from B2 as a result of the ongoing corruption investigation
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S&P upgrades BCP
Peruvian lender gets bumped a notch to BBB+ due to strong capitalization and solid asset quality metrics
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Moody’s upgrades Petrobras
Brazil’s energy company rides improving liquidity and reduced leverage to achieve a bump to Ba3 from B1
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Fitch ups AES El Salvador
Power company’s local trust gets bumped to B- after the sovereign upgrade
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S&P downgrades QGOG
Brazilian oil and gas driller feels the pinch of a weak marketplace and runs the risk of not meeting dividend payments next year
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S&P upgrades El Salvador
Central American sovereign issuer gets out of default after completing a pension restructuring