Displaying items by tag: risk of defaulting
Thursday, 09 February 2023 14:56
Moody's maintains El Salvador's rating at 'Caa3' but upgrades it to stable
Ratings agency Moody's has upgraded El Salvador's outlook from negative to stable, reflecting the country's reduced risk of defaulting on its financial obligations after completing two early bond purchase transactions in 2022 and the recent payment of an US$800 million (€745 million) international bond.
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Finances
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