US EditionDeeper Spending Reforms Could Lead to Improved Brazil Rating, Moody's Says
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The agency has also indicated that it has raised the rating of default probability (PDR) from 'B2-PD' to 'B1-PD', and has revised to 'B1' from 'B2' the instrumental ratings of the global senior bonds guaranteed with maturity in 2029 by 895 million euros, the guaranteed senior revolving credit line with maturity in 2028 by 200 million euros and the guaranteed senior loan 'B2' (TLB) with maturity in 2029, obtained by Amber. "The improvement reflec…
Rating agency considers that these discussions are broad and do not depend solely on the elected government
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