Tag: DBRS

• Saturday, November 27th 2021 - 09:12 UTC

  Canadian rating agency praises Uruguay's fiscal consolidation and raises BBB- trend from stable to positive

  

  Canadian credit rating agency, DBRS Morningstar confirmed Uruguay's Long-Term Foreign and Local-Currency – Issuer Ratings at BBB-, and at the same time, elevated its prospect from stable to positive.

• Wednesday, February 16th 2011 - 22:39 UTC

  Uruguay’s debt rated “positive” and edging on investment grade, says DBRS

  

  Canadian credit rating agency DBRS maintained Uruguay’s debt at BB (two steps below investment grade) but elevated prospect from stable to positive. The latest release from DBRS means Uruguay in the next 6 to 12 months could advance to one step below investment grade if “current fiscal discipline is sustained and levels of debt continue the descending trend”.