Moody's Investors Service revised outlook on Globo to stable and affirmed at "Ba1" (LT- foreign currency) credit rating

March 20, 2017 - CBonds


Moody's Investors Service affirmed the "Ba1" LT- foreign currency credit rating of Globo on March 17, 2017. At the same time the rating agency revised outlook to stable from negative.
Issuer: Globo
Issuer profile:
Globo is a Brazilian television network, owned by media conglomerate Organizações Globo, and is the largest of its companies. The network is currently the largest in Latin America and the t... more
Outstanding issues:
4 issuesUSD1,025,000,000
Issuer rating:
Moody's Investors ServiceBa1/StableLT- foreign currency03/17/2017
Moody's Investors ServiceWithdrawn/LT- local currency02/26/2016
S&P Global RatingsBBB-/NegativeForeign Currency LT02/17/2016
S&P Global RatingsBBB-/NegativeLocal Currency LT02/17/2016
Fitch RatingsBBB-/NegativeLT Int. Scale (foreign curr.)11/21/2016
Fitch RatingsBBB+/StableLT Int. Scale (local curr.)11/21/2016