Rating agency also expects little change for Mexican companies
Tag: credit ratings
Posted inDaily Brief
Moody’s downgrades Light
Rating agency cuts Brazilian electric company by a notch due to uncertainty over complying with financial covenants
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Moody’s cuts Chihuahua
Rating agency blames the Mexican state’s deteriorating financial position for the downgrade
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Brazilian recession clouds LatAm outlook
Downgrades outpace upgrades at a rate of four to one, S&P says
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S&P upgrades Gol
Rating agency lifts airline out of default but says the capital structure remains unsustainable for the medium term
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Fitch upgrades Suzano
Rating agency cites the Brazilian pulp and paper producer’s stronger cash flow and lower leverage
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S&P upgrades Conmex
Rising traffic allows the Mexican toll road to increase cash flow more than expected, rating agency says
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Oi files for bankruptcy
Brazilian telecom seeks protection after failing to reach a debt restructuring agreement with creditors
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Fitch downgrades Rio state
Rating agency removes the state from negative watch and gives it a stable outlook
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S&P upgrades Itau CorpBanca
Rating agency also downgrades part owner Corp Group Banking following merger with Itau Chile