E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/21/2014 in the Prospect News Emerging Markets Daily.

S&P lowers Metro to AA-

Standard & Poor's said it lowered its local currency issuer credit rating on Empresa de Transporte de Pasajeros Metro SA to AA- from AA.

The foreign currency issuer credit rating and the rating on the proposed 10-year Rule 144A Reg S notes for up to $500 million are not affected.

The downgrade follows a Jan. 17 correction that S&P made to the criteria, "Rating Government-Related Entities: Methodology And Assumptions," originally published Dec. 9, 2010.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.