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Moodys Downgrades Ecopetrol to Junk
Ecopetrol is suffering from deteriorating corporate governance while the petroleum giant is led by Colombian President Gustavo Petro's political campaign manager.
Posted On May 23, 2024
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Colombian Financial Entities Take Ratings Hit After Country Currency Downgraded To Junk
As ratings agency Standard & Poor lowered Colombia's sovereign currency rating from investment grade into junk status, two government development banks and one commercial bank also took the hit. Findeter, FDN & Banco Davivienda al saw credit ratings drop out of investment grade,...
Posted On May 21, 2021
Avianca Downgraded To CCC By Standard & Poor, Credit Watch Negative
S&P Global Ratings has downgraded Avianca's credit rating from “B-” to “‘CCC” while placing the airline on CreditWatch negative.
Posted On March 24, 2020
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