August 3, 2017
Corporate credit quality is poised to slightly improve throughout Latin America next year owing mainly to the stable outlooks of some sovereign issuers, recent country reports from Moody's showed. In Brazil, corporate credit quality will modestly
improve through 2018, supported by a more stable economy and deleveraging
initiatives carried out by companies.
Moody's expects GDP to grow 0.5% in 2017 and
1.5% in 2018. Falling inflation rates should allow the central bank to reduce
Companies are supported by more stable economies, increased commodity prices and deleveraging initiatives