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S&P lifts Invepar from default rating

Credit Ratings S&P Global Upgrade

Brazilian infrastructure company rises to CCC+ after swapping debt for its stakes in two Rio subway concessionaires

Fitch ranks Quálitas as investment grade

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Rating agency gives the Mexican insurance company a BBB- rating on "strong and stable" financial results

Fitch returns Braskem to investment grade

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Rating agency upgrades the Brazilian petchem company to BBB- after it paid off $1.7 bln in debt

Fitch upgrades Cemex after debt reduction

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Rating agency also gives a positive outlook to the Mexican cement company on expectations of "robust" cash flow

Moody's upgrades Escondida

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Chilean copper miner benefits from strategic importance to its owners, BHP and Rio Tinto, rating agency says

Digicel moves closer to upgrade with asset sale

Credit Ratings Moody's Investors Service Upgrade

Jamaica-based telco plans to pay off 2024 and 2025 bonds with $1.4 bln in proceeds from the sale of Digicel Pacific, according to Moody's

Fitch upgrades Axtel after asset sales

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Rating agency boosts the Mexican telco by one notch to BB and says leverage will fall below 2.5 times EBITDA in 2022

Fitch upgrades YPF to CCC

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Rating agency says Argentina's state-owned energy will save around $105 mln in annual interest payments after a recent restructuring deal