Rating agency upgrades Caribbean sovereign issuer to Ba3 from B1 due to robust growth outlook and a reduced fiscal deficit
Tag: Moody’s
Posted inDaily Brief
Moody’s downgrades CSN
Brazilian steelmaker has to consider asset sales, a capital increase or refinancing to reduce debt levels, rating agency says
Posted inDaily Brief
Moody’s upgrades Camposol
Peruvian agribusiness company goes up two notches due to adequate cash generation last year
Posted inDaily Brief
Moody’s upgrades Hochschild Mining
Peruvian miner goes up a notch to Ba3 due to enhanced operating performance and higher production volumes
Posted inDaily Brief
Moody’s downgrades Ecatepec
Mexican city falls to B1 from Ba3 after its gross operating balance deteriorates over the past year, rating agency says
Posted inDaily Brief
Coca-Cola Femsa seeks pesos to pay down dollars
Mexican Coke bottler eyes a possible $557m two-part trade in the local market to refinance its 2018 bonds
Posted inDaily Brief
Moody’s downgrades JBS
Rating agency says the risks of future litigation could impact liquidity and market access for the Brazilian meatpacker
Posted inDaily Brief
Moody’s downgrades Banco BC on merger
Rating agency cuts Deutsche Bank’s former subsidiary to fall in line with its new owner, local lender Comafi
Posted inDaily Brief
Moody’s downgrades Banco Original
Rating agency cuts Brazilian bank on the risk of contagion from corruption investigations at sister company JBS
Posted inDaily Brief
Moody’s downgrades Finansur
Argentine bank goes deeper into junk status due to a contraction in its balance sheet