Chinese company pays Odebrecht just $19m for 60% of the concessionaire but assumes $317m in fees
Tag: Rio de Janeiro
Posted inDaily Brief
IFC drafts Rio school PPPs
Multilateral agency will advise the city government on procuring and implementing a 30-year DBFOM contract
Posted inDaily Brief
S&P withdraws Rio state ratings
Rating agency says it lacks “satisfactory” information to monitor the state government’s credit risks
Posted inDaily Brief
Missed IDB payment drives Rio state downgrade
S&P, Fitch cut Brazilian issuer after it misses debt payment to multilateral lender
Posted inDaily Brief
Rio downgraded by S&P
Rating agency doubts the Brazilian state will meet its debt obligations over the next six months
Posted inDaily Brief
Fitch downgrades Rio state
Rating agency removes the state from negative watch and gives it a stable outlook
Posted inDaily Brief
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