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Moody’s Cuts PDG

Dec 17, 2012

Moody’s has dropped PDG Realty’s rating to Ba3 from Ba2, it says. The downgrade reflects the significant deterioration in the Brazilian homebuilder’s credit metrics over the...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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