The sovereign’s payments to holdout creditors cured its default, granting it access to external funding
Tag: Standard & Poor’s
Posted inDaily Brief
Guanajuato gets S&P upgrade
Rating on Mexican state lifted on strong budget performance, low debt
Posted inDaily Brief
S&P downgrades Odebrecht Offshore Drilling
Cancellation of a Petrobras drilling contract will impair the company’s cash flow
Posted inDaily Brief
S&P cuts Brazil’s OOG two notches
The oil and gas firm suffered after Petrobras terminated a charter agreement
Posted inDaily Brief
Moody’s cuts Banco Fibra two notches
High net losses in the first half of 2015 contributed to the downgrade of the Brazilian bank
Posted inWeb Articles
S&P downgrade could scupper Brazilian IPO plans
Finance minister Joaquim Levy insists 2016 budget targets will be met, but fears rise over feasibility of planned equity listings