Downgrade comes amid an effort by the government to renegotiate its debt for the second time in five years
Tag: S&P Global Ratings
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
Posted inDaily Brief
S&P upgrades JBS
Rating agency says upgrade reflects improvement in margins and cash flows
Posted inDaily Brief
S&P downgrades Odebrecht
Rating agency says the Brazilian engineering firm will continue to feel the credit crunch, even if it settles corruption charges
Posted inDaily Brief
Bermudian insurer sells 2026 bonds
Bermuda’s Sirius International finds a window to raise $400m in 10-year notes
Posted inDaily Brief
S&P downgrades El Salvador
Rating agency says an ongoing political stalemate has undermined investor confidence and limited the government’s ability to raise additional revenues
Posted inDaily Brief
S&P casts negative outlook on Mexico
Rating agency says there is a one-in-three chance it will downgrade the sovereign in the next two years
Posted inDaily Brief
Brazilian recession clouds LatAm outlook
Downgrades outpace upgrades at a rate of four to one, S&P says