Rating agency cuts the Brazilian builder’s civil engineering division due to higher restructuring risks
Tag: S&P
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S&P upgrades KIO Networks
Mexican telecom edges to BB- from B+ after offloading American Tower Corp.
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S&P downgrades Barbados
Caribbean sovereign issuer falls a notch to CCC due to soaring government debt and low international reserves
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S&P upgrades Usinas
Brazilian steel company capitalizes on strong market conditions to improve its financial metrics
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S&P upgrades Argentine power companies
Rating agency boosts both Edenor and Metro to B- from CCC+
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S&P upgrades ColTel
Colombian telco gets a bump to BB+ from BB thanks to $2bn capital increase
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LatAm FIs show resilience despite slow growth
Region’s banks reveal adequate liquidity through capital markets activity and large client deposits, S&P says
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S&P upgrades Banco Security
Chilean bank goes up a notch to BBB due to improved capital levels and stable profitability
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CSN gets another ratings cut
S&P joins Moody’s and lowers the Brazilian steelmaker deeper into junk territory
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S&P downgrades Cofide
Peruvian development bank gets cut a notch to BBB due to its deteriorating asset quality and increased non-performing loans portfolio