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MercoPress, en Español

Montevideo, November 14th 2024 - 11:25 UTC

Tag: crdit rating

  • Saturday, April 4th 2020 - 09:05 UTC

    Moody's downgrades Argentina's credit rating

    Moody’s said the rating reflects the combination of measures such as extension to maturities, lowering of interest rates and cuts to principal amounts of debt

    Moody's downgraded Argentina’s credit rating on Friday, cutting it to Ca from Caa2 in a move that reflects the firm’s expectation that private creditors will incur losses as a result of the government’s efforts to restructure its sovereign debt.