Tag: S&P

• Wednesday, February 2nd 2022 - 12:05 UTC

  Falklands publishes audited annual financial statements; underlines S&P Global A+ credit rating

  

  The Falkland Islands Government (FIG) published its annual financial statements for the financial year ending 30 June 2021. The statements have been reviewed by external auditors, Mazars LLP, who provided an unqualified and independent opinion that the documents present a true and fair view, and are free from material misstatement.

• Wednesday, September 9th 2020 - 09:50 UTC

  S&P lifts Argentina's credit rating to CCC+ with a stable outlook after concluding private debt restructuring

  

  Argentina's credit rating was lifted up from default 'SD' to 'CCC+' with a stable outlook after the country concluded restructuring its foreign currency debt, S&P Global Ratings said in a statement on Monday.

• Wednesday, January 8th 2020 - 09:49 UTC

  S&P admits a mistake and raised its debt grade for Argentina to CCC

  

  S&P Global Ratings raised its debt grade for Argentina on Tuesday, acknowledging the agency made a mistake when it changed the rating in late December for the crisis hit country.

• Saturday, December 21st 2019 - 11:03 UTC

  Argentina's credit rating downgraded to near-default by Fitch and S&P

  

  Argentina’s credit rating was downgraded to near-default status by two of the biggest global rating companies, Fitch Ratings, and S&P Global after the government said it would delay payments on its short term dollar-denominated local debt.

• Wednesday, March 6th 2019 - 08:44 UTC

  S&P slashes credit rating of several leading Mexican companies including national oil Pemex

  

  Rating agency Standard & Poor’s (S&P) slashed the credit rating for Mexico’s national oil company Petroleos Mexicanos, or Pemex, piling more pressure on the government to tighten up the debt-laden oil firm’s finances.

• Saturday, August 22nd 2015 - 08:16 UTC

  World markets plunge on fears of a China-led global slowdown

  

  The S&P 500 suffered its biggest daily percentage drop in nearly four years and the Dow confirmed it had entered into correction territory as fears of a China-led global slowdown rattled investors around the world.