Fitch lifts power company’s credit rating to BBB- from BB+ due to strategic changes in its generation portfolio
Tag: Fitch
Posted inDaily Brief
Light subsidiary readies local debt trade
Brazilian electric power distributor seeks $82m in domestic currency bonds
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Fitch downgrades Klabin
Rating agency says low pulp prices, strong local currency and sluggish demand make it hard for the Brazilian paper company to lower debt
Posted inWeb Articles
Fitch sees possible turnaround for bad loans in Brazil
The ratings agency says signs of stabilization in Q1 could “mark the beginning of an inflection point”
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Scotiabank plans MXN bond sale
Canadian bank’s Mexican broker plans to raise up to another $153m, weeks after pricing $174m in floating-rate notes
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Fitch downgrades Suriname
Rating agency cites macro instability and rising government debt as it drops the South American sovereign deeper into junk territoy
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Fitch downgrades QGOG
Rating agency cuts the oil rig company due to delays in renewing contracts
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Fitch downgrades Costa Rican banks
Six lenders fall after the rating agency cuts the Central American sovereign
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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