Downgrade

Rating agencies demote Americanas for accounting scandal

Moody's Investors Service Fitch Ratings S&P Global

Fitch lists the Brazilian retailer in default, while Moody's leaves it deeper in junk territory

Fitch downgrades Enel in Chile

Credit Ratings Fitch Ratings Downgrade

Rating agency cuts the Italian power company's subsidiary to BBB+ on higher-than-expected debt levels

Moody's downgrades Camposol again

Credit Ratings Moody's Investors Service Downgrade

Rating agency cuts the Peruvian fruit grower by two notches to B3, less than two months after the previous downgrade

Moody's downgrades VTR after merger

Credit Ratings Moody's Investors Service Downgrade

Rating agency cuts the Chilean telco to B2 on rising debt and falling market share after the tie-up between América Móvil and Liberty

Moody's downgrades Americanas on higher debt payments

Credit Ratings Moody's Investors Service Downgrade

Rating agency expects the Brazilian retailer's interest costs to more than double to $566 mln this year

S&P cuts BRF to BB-

Credit Ratings S&P Global Downgrade

Rating agency downgrades the Brazilian food processing company by one notch due to tighter margins

Market awaits name for Peru's next finance minister

Economy & Policy Capital Markets Peru

One investor says there is a chance that Kurt Burneo could come back

S&P downgrades Bolivia for higher deficits

Corporate & Sovereign Strategy Credit Ratings Downgrade

Rating agency says the country's external financing needs are expected to rise as natural gas exports decline

Fitch downgrades Axtel

Credit Ratings Fitch Ratings Downgrade

Rating agency cuts the Mexican telco to BB- due to fewer government and corporate contracts

Fitch downgrades AySA for bond swap

Credit Ratings Downgrade Fitch Ratings

Rating agency blames Argentina's tight capital controls for forcing the water company into a "distressed debt exchange"

Fitch drops Unifin to lowest level

Credit Ratings Fitch Ratings Downgrade

Rating agency says Mexican non-bank lender has stopped paying debts and is not granting new loans

Fitch predicts restructuring for Oi

Credit Ratings Fitch Ratings Downgrade

Brazilian telco is looking to avoid insolvency as earnings and proceeds from asset sales fall short of debt servicing needs, rating agency says

Moody's downgrades Axtel

Credit Ratings Moody's Investors Service Downgrade

Rating agency cuts Mexican telco to B2 on rising refinancing risks in adverse market conditions

Moody's downgrades Camposol

Credit Ratings Moody's Investors Service Downgrade

Rating agency cuts the Peruvian fruit grower to B1 with a negative outlook on rising costs and tighter liquidity

Fitch downgrades Engie in Chile

Credit Ratings Fitch Ratings Downgrade

Rating agency cuts the French utility's subsidiary to BBB on elevated debt levels