S&P Once Again Downgrades Brazil’s Credit Rating
The agency notes the country has made slower-than-expected progress to correct its fiscal situation, including approving the much-needed pension reform.
January 12, 2018Topic
downgrade
Fitch Classifies Brazil’s Odebrecht Risk as Very High
The agency's forecast that accords would improve the company’s situation did not materialize instead triggering corruption investigations in other countries.
January 18, 2017
Risk Agency Further Downgrades Brazil’s Credit Rating
Deeper-than-anticipated economic contraction and elevated political uncertainty are reasons given by Fitch Ratings to downgrade credit ratings even further.
May 6, 2016
Moody’s Downgrades Brazilian Sovereign Credit to Junk
The company was the last of the three large risk-rating agencies to lower Brazil’s credit ratings.
February 25, 2016 S&P Further Downgrades Brazil’s Credit Rating
The Petrobras corruption scandal and the possible start of impeachment proceedings against President Rousseff are hindering economic stability, says agency.
February 18, 2016
Fitch Downgrades Brazil’s Credit Ratings to Near Junk
Fitch Ratings lowered Brazil’s rating from BBB to BBB-, one grade shy of junk level, while maintaining its outlook negative.
October 16, 2015
Brazil Credit Rating Not Downgraded but Outlook Negative
Against widespread expectations from financial experts, rating agency Standard & Poor's has decided not to downgrade Brazil's credit rating yet....
July 29, 2015
Petrobras Signs Agreement with China’s Development Bank
Contract should relieve financial pressure over company, which has found it difficult to obtain foreign credit due to the widespread...
April 2, 2015