Uruguay upgrade allows broader investor reach, says Arbeleche

Uruguay upgrade allows broader investor reach, says Arbeleche

Corporate & Sovereign Strategy

Moody’s upgrade of Uruguay opens the way for the country to further diversify its investor base, the head of public credit said. Moody’s praised Uruguay for improving its fiscal and debt metrics, for more stable — albeit lower —growth levels, and for consolidating its sovereign credit profile when it announced the one-notch upgrade to Baa2 last week. “The upgrade allows us to press ahead with efforts to reach different types of investors, to further diversify our investor base,” Azucena Arbelech

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial