Rating agency gives Caribbean nation a negative outlook after debt-to-GDP rose to 106% last year
Tag: S&P
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Missed IDB payment drives Rio state downgrade
S&P, Fitch cut Brazilian issuer after it misses debt payment to multilateral lender
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S&P downgrades Odebrecht Offshore Drilling
Termination of a charter and service contract for a drilling rigs lead to ratings cut
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S&P downgrades CSN
Brazilian steelmaker is burning through cash reserves to make interest payments, rating agency says
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Rio downgraded by S&P
Rating agency doubts the Brazilian state will meet its debt obligations over the next six months
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S&P upgrades USJ Acucar e Alcool
Brazilian sugar and alcohol company gets upgraded owing to its stronger cash flow projections
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S&P upgrades Gol
Rating agency lifts airline out of default but says the capital structure remains unsustainable for the medium term
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S&P upgrades Conmex
Rising traffic allows the Mexican toll road to increase cash flow more than expected, rating agency says
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S&P upgrades Itau CorpBanca
Rating agency also downgrades part owner Corp Group Banking following merger with Itau Chile
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Rio faces downgrades
S&P cuts the state’s ratings by three notches, while Moody’s and Fitch put the sub-sovereign on negative watch