State-run energy company faces interference from Minas Gerais government, rating agency says
Tag: credit ratings
Posted inDaily Brief
Moody’s downgrades Barbados
Rating agency warns the Caribbean island faces increasing chances of a default
Posted inDaily Brief
Moody’s downgrades America Movil
Rating agency downgrades Mexican telecom amid limited industry growth and the slow economic recovery across LatAm
Posted inDaily Brief
Fitch downgrades Suriname
Rating agency cites macro instability and rising government debt as it drops the South American sovereign deeper into junk territoy
Posted inDaily Brief
Moody’s downgrades Costa Rica
Rating agency keeps the negative outlook on the government bond rating due to the rising national debt
Posted inDaily Brief
S&P upgrades Petrobras
Brazil’s state-owned energy company is focused on lowering its debt levels and improving its cash position, rating agency says
Posted inDaily Brief
Fitch downgrades QGOG
Rating agency cuts the oil rig company due to delays in renewing contracts
Posted inDaily Brief
Moody’s cuts CorpGroup a notch
Rating agency downgrades Chilean financial services group to B2 from B1
Posted inDaily Brief
Moody’s downgrades Mercantil do Brasil
Deteriorating asset quality and weak capitalization levels led the rating agency to cut the Brazilian bank a notch
Posted inDaily Brief
Fitch upgrades Trinidad Cement
Rating agency bumps up the cement maker by two notches after Cemex increases its ownership in the Caribbean company