Moody's Investors Service revised outlook on Uruguay to stable and affirmed at "Baa2" (LT- local currency) credit rating

July 14, 2017 - CBonds

 

Moody's Investors Service affirmed the "Baa2" LT- local currency credit rating of Uruguay on July 13, 2017. At the same time the rating agency revised outlook to stable from negative.
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Issuer: Uruguay
Issuer profile:
Domestic Debt
As of July 26, 2013, the government had issued an aggregate principal amount equivalent to approximately US$490 million in debt under the peso-denominated debt issuance program es... more
Outstanding issues:
29 issuesUSD14,421,474,249
1 issuesEUR117,661,000
1 issuesJPY40,000,000,000
22 issuesUYU162,815,339,345
Issuer rating:
Dagong CreditBB+/NegativeInternational scale rating (foreign curr.)12/12/2016
Dagong CreditBB+/NegativeInternational scale rating (local curr.)12/12/2016
Organisation for Economic Co-operation and Development (OECD)3/Country Risk Classifications06/24/2016
Moody's Investors ServiceBaa2/StableLT- foreign currency07/13/2017
Moody's Investors ServiceBaa2/StableLT- local currency07/13/2017
S&P Global RatingsBBB/StableForeign Currency LT05/30/2017
S&P Global RatingsBBB/StableLocal Currency LT05/30/2017
Fitch RatingsBBB-/StableLT Int. Scale (foreign curr.)04/07/2017
Fitch RatingsBBB-/StableLT Int. Scale (local curr.)04/07/2017
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