Tag: Petrobras credit rating

• Tuesday, February 14th 2017 - 12:17 UTC

  Petrobras credit rating raised to BB-: improved governance “compares well with those of its peers”

  

  Credit rating agency Standard & Poor’s on Friday raised its corporate credit rating on Petrobras, one notch, from B+ to BB-. The rating change does not lift Petrobras out of the non-investment grade category, but it lowers the risk from “highly speculative” to “speculative.”