Caputo Cheers as S&P Upgrades Argentina's Debt Rating to ‘B-’
24 Articles
24 Articles
Rating agency cites positive fiscal results and other measures taken by President Javier Milei's government to meet future debt payments.
S&P Lifts Argentina Credit Rating as Milei Bet on Energy Pays Off
Argentina · Markets Key Facts —The move. S&P raised Argentina two notches, to B- from CCC+, with a stable outlook. —When. The decision landed on Wednesday, June 10. —Why. The agency cited a steady budget surplus, a fast-rising stock of central-bank dollars, and easier access to financing. —Energy engine. S&P singled out the Vaca Muerta […] The post S&P Lifts Argentina Credit Rating as Milei Bet on Energy Pays Off appeared first on The Rio Times.
Following an upward review of the credit note by Standard & Poor’s, analysts predict a drop in the risk indicator that would open the doors to greater external flow
Another International Agency Raises the Note to the Country and Approaches the Return to the Markets
S&P Global Ratings returned to Argentina the note it lost in 2020. The agency considered that the country can cope with its debt maturities and is less permeable to risks.It is the best rating since 2020.
The agency raised the sovereign rating from CCC+ to B-; highlighted the fiscal adjustment, the accumulation of reserves and the greater capacity of the government to refinance maturities; analysts foresee a new understanding of the country risk
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