Rising cash flow will offset higher debt levels from Brazilian rail company’s five-year investment plan, rating agency says
Tag: credit ratings
Posted inDaily Brief
Fitch downgrades Odebrecht
Corruption investigations in Colombia, Ecuador, Panama and Peru will likely end in fines and lost revenues for the Brazilian builder, rating agency says
Posted inDaily Brief
S&P upgrades Office Depot Mexico
Mexican retailer gets bumped up a notch after prepaying $350m in unsecured notes
Posted inDaily Brief
Fitch downgrades Libra Rio
Brazilian logistics firm moves into restricted default after approving a restructuring plan
Posted inDaily Brief
Moody’s upgrades Volcan
Peruvian mining company rises two notches due to improving credit metrics in 2016
Posted inDaily Brief
S&P downgrades the Bahamas
Caribbean sovereign loses its investment grade status due to weaker than expected GDP growth
Posted inDaily Brief
Moody’s upgrades Suzano
Rating agency bumps up the Brazilian paper company’s credit ratings by one notch but drops the outlook to negative
Posted inDaily Brief
Moody’s upgrades Jamaica
Caribbean sovereign shows commitment to debt reforms and sustained fiscal consolidation, rating agency says
Posted inDaily Brief
S&P cuts Belize
Downgrade comes amid an effort by the government to renegotiate its debt for the second time in five years
Posted inWeb Articles
S&P cuts Belize as country looks to restructure $530m in bonds
Downgrade comes amid an effort by Belize Prime Minister Dean Barrow to renegotiate the country’s debt for the second time in five years