S&P Global Ratings downgrades Foreign Currency LT credit rating of Odebrecht to "CCC+"; outlook negative
April 19, 2017
- CBonds
S&P Global Ratings downgraded from "B-" to "CCC+" the Foreign Currency LT credit rating of Odebrecht on April 18, 2017. The outlook is negative.
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Issuer:
Odebrecht
Issuer profile:
| Odebrecht is a Brazilian organization with global quality standards. It renders Engineering and Construction services in most of the countries of South America, Central America, in the United States,... more |
Outstanding issues:
| 11 issues | USD | 8,870,000,000 |
| 1 issues | BRL | 500,000,000 |
Issuer rating:
| Withdrawn/ | LT- local currency | 05/28/2015 | |
| CCC+/Negative | Foreign Currency LT | 04/18/2017 | |
| CCC+/Negative | Local Currency LT | 04/18/2017 |
