Rating agency upgrades Mexican cement company to BB- from B+
Tag: S&P
Posted inDaily Brief
S&P rates Rumo
Rising cash flow will offset higher debt levels from Brazilian rail company’s five-year investment plan, rating agency says
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S&P sees securitizations on the rise next year
New issues could increase up to 20% in Mexico and 15% in Brazil, rating agency says
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S&P upgrades Interbank
Rating change reflects the Peruvian bank’s strengthening capitalization
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Belize gets second downgrade in a month
S&P downgrades the sovereign after the government planned to meet with bondholders
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Vale, BHP disagree over Samarco restart
Vale CEO says joint venture will have to rely on infrastructure from neighboring dams
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Aval approves local bond issue
Colombian financial holding company aims to raise $100m from a five-tranche transaction, with tenors between three and 20 years
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S&P withdraws Rio state ratings
Rating agency says it lacks “satisfactory” information to monitor the state government’s credit risks
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S&P upgrades BTG Pactual
Rating agency says the Brazilian investment bank can handle its short-term debt obligations
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Fonplata gets maiden ratings
With first-time ratings from Moody’s and S&P, Bolivia-based development bank targets capital markets in 2019