Tag: Credit

• Friday, October 25th 2019 - 09:52 UTC

  Fitch says Argentina's weak credit fundamentals limit debt exchange scope: suggests a “haircut”

  

  Rating agency Fitch said on Thursday that Argentina’s weak credit fundamentals, in terms of both liquidity and solvency, limit the scope for a debt exchange that minimizes losses for investors beyond maturity extensions.

• Tuesday, January 16th 2018 - 09:44 UTC

  Meirelles brushes aside impact of S&P's lower rating: 'growth will continue'

  

  Brazilian Finance Minister Henrique Meirelles said that a recent decision by Standard & Poor’s to cut the nation’s credit rating will not affect 2018 economic growth. Speaking to journalists in Rio de Janeiro, Meirelles added that he was expecting close to 2.5 million jobs to be created in Brazil this year and GDP growth of around 3%.

• Wednesday, December 27th 2017 - 09:36 UTC

  Moody's expects Argentine economic recovery in 2018 and 2019

  

  Credit risk rating agency Moody's expects Argentina's economic recovery to continue in 2018 and 2019, helped by the reforms advanced by the Mauricio Macri's administration in the last two years.