Moody's cuts AES El Salvador Trust II

Moody's Investors Service said it downgraded the ratings for AES El Salvador Trust II (Trustco II) to B3 from B2.

“The downgrade of the ratings of Trustco II to B3 from B2 with a negative outlook reflects the July 30th downgrade of the sovereign bond rating of the government of El Salvador to Caa1 from B3 with negative outlook,” Moody’s said in a press release.

The outlook remains negative.

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