Fiscal reform must be passed to retain investment grade, in spite of disappointment over recent referendum results, FinMin says
Tag: credit ratings
Posted inDaily Brief
S&P withdraws Rio state ratings
Rating agency says it lacks “satisfactory” information to monitor the state government’s credit risks
Posted inDaily Brief
Fitch downgrades Idesa
Rating agency says the Mexican petrochemical firm will not likely receive dividends from a joint venture with Brazil’s Braskem until 2019
Posted inDaily Brief
S&P upgrades BTG Pactual
Rating agency says the Brazilian investment bank can handle its short-term debt obligations
Posted inDaily Brief
Fonplata gets maiden ratings
With first-time ratings from Moody’s and S&P, Bolivia-based development bank targets capital markets in 2019
Posted inDaily Brief
Fitch cuts Coca-Cola Femsa
Mexican Coca-Cola bottler is downgraded after announcing the acquisition of a Brazilian beverage company
Posted inDaily Brief
S&P drops Barbados deeper into junk
Rating agency gives Caribbean nation a negative outlook after debt-to-GDP rose to 106% last year
Posted inDaily Brief
Missed IDB payment drives Rio state downgrade
S&P, Fitch cut Brazilian issuer after it misses debt payment to multilateral lender
Posted inDaily Brief
Moody’s downgrades Veracruz
Rating agency cuts the state’s ratings to reflect its deteriorating financial position and weaker liquidity
Posted inDaily Brief
S&P downgrades CSN
Brazilian steelmaker is burning through cash reserves to make interest payments, rating agency says