Japanese rating agency upgrades Uruguay’s debt to stable BB

Friday, July 31st 2009 - 12:30 UTC

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The Japanese Rating and Investment agency has upgraded Uruguay’s debt rating from BB- to BB with a stable outlook according to the latest release this week. This is two slots below investment grade and recognized among other factors the light public debt service burden until 2011. Read full article

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EvelynGuzman
I am glad to know that Uruguay's debt rating has gone up. The country has had some problems like the declining prices for both the cattle and crude oil, yet somehow they have managed to have their debt structure look better. As a result, the condition has improved.

Evelyn Guzman
http://www.debtchallenges.com (If you want to visit, just click but if it doesn’t work, copy and paste it onto your browser.)
Aug 01st, 2009 - 07:11 pm - Link - Report abuse 0
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