EM LATAM CREDIT: Bolivia: S&P Ratings Downgrade - Negative
Jun-26 16:15
(BOLIVI; Ca/CCC-neg/CCC-)
"Bolivia Cut Further Into Junk by S&P as Debt Servicing Erodes" - Bbg / S&P
The rating agency cited a worsening balance of payments and increased risk of default with near term maturities looming but political stalement limiting options along with lack of access to external markets.
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