Tags Moody’s

Tag: Moody’s

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Risk rating agency Moody's upgraded Petrobras' credit note from B2 to B1 and shifted the outlook to positive, indicating that the rating may rise again at any time. Despite the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After years of planning and implementing new infrastructure works, Rio de Janeiro will host the 2016 Olympics and Paralympic Games. The Games, according to the latest estimates, cost at least...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The economic scenario in Brazil deteriorated on Wednesday as Moody’s downgraded the country’s sovereign risk to junk status and changed the country’s outlook to negative. Moody’s was the last of...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Wednesday saw the U.S. dollar fell below the R$4.00/US$1 level to its lowest rate of the year in relation to the Brazilian real and the country’s main stock market rise,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The possibility of having Brazil’s credit rating drop down from investment grade into junk status caused additional turbulence to the country’s economic market, with the stock market closing down and...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Stacking more pressure on Brazil’s already ailing economy, Moody’s Rating Agency announced Wednesday it was putting the country’s Baa3 rating on review for a downgrade, with the possibility of it...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Credit ratings agency Moody’s downgraded Brazil’s ratings on Tuesday (August 11th) from Baa2 to Baa3, but improved the country’s outlook from negative to stable. According to the ratings agency, a...
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Against widespread expectations from financial experts, rating agency Standard & Poor's has decided not to downgrade Brazil's credit rating yet. The country's current rating status of BBB- is...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – International rating agency Moody’s has downgraded the rating of Brazil’s oil giant Petrobras to Ba2, two grades below investment grade status, on Tuesday February 24th. This is the second downgrading...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – One of the most important risk classification companies in the world, Moody's Investors Service has placed Petrobras S.A.'s global foreign currency and local currency debt ratings on review for a...
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