Rating agency gives Caribbean nation a negative outlook after debt-to-GDP rose to 106% last year
Tag: downgrade
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Moody’s cuts Chihuahua
Rating agency blames the Mexican state’s deteriorating financial position for the downgrade
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Fitch downgrades Brazil again
Rating agency sees the Brazilian economy shrinking by 3.8% in 2016
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Fitch cuts USJ
Brazilian sugar producer offers bondholders a 40% haircut on debt exchange
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S&P downgrades Odebrecht Oil & Gas
Rating agency says Brazilian drilling company faces default if it fails to make interest payment
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Fitch downgrades Gol
Ratings agency says the Brazilian airline runs the risk of default or a possible restructuring in one or two years
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Fitch cuts Usiminas by two notches
The rating agency says the Brazilian steelmaker will have a hard time making debt payments, unless it can refinance its short-term obligations
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Moody’s downgrades Usiminas
The rating agency cites weaker market fundamentals in the steel sector
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Fitch downgrades USJ amid possible default
Brazilian sugarcane producer’s ratings fall three notches to CCC-
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Brazil’s Localiza sells bonds on local market
Car rental company will use the funds raised to bolster its cash position