The downgrade reflects the Brazilian retailer’s expected elevated default risk over the next two years
Tag: Moody’s
Posted inDaily Brief
Moody’s cuts Banco Fibra two notches
High net losses in the first half of 2015 contributed to the downgrade of the Brazilian bank
Posted inDaily Brief
Peru rate hike could be first of several
Central Bank interest rate hike, the first in four years, caught analysts off-guard
Posted inDaily Brief
Moody’s downgrades Cobre del Mayo
Mexican miner downgraded as liquidity risks grow ahead of November coupon payment
Posted inMagazine
Slow Recovery
Most of the Caribbean is waiting for developed markets’ economies to improve, but high oil prices threaten the tourism-dependent and highly indebted region.