trending Market Intelligence /marketintelligence/en/news-insights/trending/8XyWp_4jyKV3o_I6levlQA2 content esgSubNav
In This List

Sovereign ratings wrap: S&P lifts Argentina from Selective Default

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


Sovereign ratings wrap: S&P lifts Argentina from Selective Default

S&P Global Market Intelligence presents a summary of ratings actions on sovereigns and other key territories from Dec. 30, 2019, to Jan. 5, 2020.

AMERICAS

* S&P Global Ratings upgraded Argentina's long- and short-term foreign-currency sovereign credit ratings to CC/C from Selective Default, with a negative outlook, following the government's successful auctions of 18.85 billion pesos in local currency-denominated debt and payment of a 24.3 billion peso local bond. The negative outlook reflects downside risks to timely and full payment of debt over the coming months in a stressed economic environment, the rating agency said. S&P Global Ratings affirmed the country's local-currency ratings at CC/C.

As of Jan. 3, US$1 was equivalent to 59.76 Argentine pesos.

Links are current as of publication time; we are not responsible if those links are unavailable later.