S&P Global Ratings revised outlook on Aruba to stable and affirmed at "BBB+" (Local Currency LT) credit rating

June 15, 2017 - CBonds

 

S&P Global Ratings affirmed the "BBB+" Local Currency LT credit rating of Aruba on June 14, 2017. At the same time the rating agency revised outlook to stable from positive.
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Issuer: Aruba
Issuer profile:
Aruba is a 33-kilometre-long island of the Lesser Antilles in the southern Caribbean Sea.
Area – 193 sq.km.
Population – 0,1 mln. (195th)
The capital is Oranjestad.
Official l... more
Outstanding issues:
3 issuesUSD350,700,000
Issuer rating:
Organisation for Economic Co-operation and Development (OECD)4/Country Risk Classifications06/24/2016
S&P Global RatingsBBB+/StableForeign Currency LT06/14/2017
S&P Global RatingsBBB+/StableLocal Currency LT06/14/2017
Fitch RatingsBBB-/StableLT Int. Scale (foreign curr.)04/25/2017
Fitch RatingsBBB-/StableLT Int. Scale (local curr.)04/25/2017