Rating agency says the Brazilian miner will keep lowering debt through 2018
Tag: Moody’s
Posted inDaily Brief
GACM bonds tighten as new issue talk grows
Mexico City Airport Trust earns another GB1 rating for more potential green securities
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Moody’s cuts ICA
Mexican construction company dropped to C as a result of it filing a judicial restructuring request
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Political risk haunts LatAm credit
Region’s issuers potentially threatened by unfavorable policy reforms, financing conditions and weaker economic growth, Moody’s says
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Moody’s downgrades Cofide
Peruvian development bank gets cut a notch to Baa3 due to a deteriorating asset risk profile
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Moody’s downgrades Tuxtla Gutierrez
Mexican municipality’s deteriorating financials see it reduced to B1 from Ba3
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Moody’s upgrades Chilean toll road operator
Autopista Costanera Norte gets bumped up a notch to A2 on the back of strong operating metrics and increased traffic levels
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Moody’s cuts Rodovias do Tiete
Brazilian highway operator gets downgraded a notch to Caa2 while its outlook remains negative
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LatAm corporates’ credit quality on the up
Companies are supported by more stable economies, increased commodity prices and deleveraging initiatives
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LatAm issuers boost high-yield bond sales in H1
Petrobras’ $4bn retap makes up almost two-thirds of sub-investment grade volumes in Q2 this year, according to Moody’s