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Prospect News home > News index > List of issuers B > Headlines for BES Investimento do Brasil SA > News item
Published on 9/25/2013 in the Prospect News Emerging Markets Daily.

S&P: BES Investimento on watch

Standard & Poor's said it placed the BB-/B global scale and brA/brA-2 Brazilian national scale issuer credit ratings on BES Investimento do Brasil on CreditWatch with negative implications.

The CreditWatch placement follows the same action on the company's parents, Banco Espirito Santo SA and Banco Espirito Santo de Investimento SA.

This followed the Sept. 18 placement on CreditWatch negative of the Republic of Portugal, S&P said.


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