S&P Global Ratings affirmed Brazil’s ratings and maintained stable outlook

It also affirmed the national scale rating of 'brAAA', and the outlook remains stable. The transfer and convertibility assessment remains 'BB+'.

RIO DE JANEIRO, BRAZIL - S&P Global Ratings affirmed Brazil's long-term and short-term local and foreign currency sovereign credit ratings. The long-term outlook remains stable.

It also affirmed the national scale rating of 'brAAA', and the outlook remains stable. The transfer and convertibility assessment remains 'BB+'.

The stable outlook reflects the base case . . .

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