Slow Growth Means Greater Credit Risks: S&P

Slow Growth Means Greater Credit Risks: S&P

Corporate & Sovereign Strategy

Credit conditions in LatAm face increased downside risk in the next 12 months, S&P says, due to lower growth prospects in the region. The agency expects stable rating trends for most LatAm sectors in the next 12 months, but credit conditions should get tighter following an expected unwinding of US stimulus. “Disappointing economic growth in Latin America during first half of 2013 is compounded by our lower growth outlook for the US and China,” S&P says. Growth in Brazil and Mexico is likely to b

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