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Some Argentinean Entities Downgraded After Sovereign Downgrade;All Remain on Watch Negative May 01 Product Image

Some Argentinean Entities Downgraded After Sovereign Downgrade;All Remain on Watch Negative May 01

  • ID: 1784015
  • May 2001
  • Region: Argentina
  • Standard & Poors

FEATURED COMPANIES

  • Aguas Argentinas S.A.
  • Autopistas Del Sol S.A.
  • CableVision S.A.
  • Camuzzi Gas del Sur S.A.
  • CAPEX S.A.
  • Multicanal S.A.
  • MORE

Abstract
NEW YORK (Standard & Poor's CreditWire) May 8, 2001 -- Standard & Poor's today lowered its ratings on various rated Argentinean companies and public sector entities (see list below). These, and all rated Argentinean companies and public sector entities remain on CreditWatch with negative implications. A complete list of all rated Argentinean entities on CreditWatch with negative implications is available on RatingsDirect, Standard & Poor's on-line credit research service, or by calling Standard & Poor's rating desk at (1) 212-438-2400 or (54) 114-891-2133. The rating action follows Standard & Poor's decision to lower the local and foreign currency ratings on the Republic of Argentina to single-'B' from single-'B'-plus and keep the ratings on CreditWatch with negative implications. The downgrade reflects...

Action: Downgraded, On CreditWatch Negative

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

- Acindar Industria Argentina de Aceros S.A.
- Argentina (Republic of) (Unsolicited Ratings)
- YPF S.A.
- Telefonica de Argentina S.A.
- Pan American Energy LLC
- Empresa Distribuidora Sur S.A. (EDESUR)
- Telecom Argentina S.A.
- Camuzzi Gas Pampeana S.A.
- Camuzzi Gas del Sur S.A.
- Multicanal S.A.
- Buenos Aires (City of)
- Autopistas Del Sol S.A.
- Compania Internacional de Telecomunicaciones S.A.
- Mendoza (Province of)
- Inversora Electrica de Buenos Aires S.A.
- Empresa Distribuidora Y Comercializadora Norte S.A.
- CAPEX S.A.
- Aguas Argentinas S.A.
- CableVision S.A.
- Compania de Alimentos Fargo S.A.
- Compania MEGA (Project MEGA)
- Alto Palermo S.A.
- Sodigas Pampeana S.A.
- Sodigas Sur S.A.
- SA Organizacion Coordinadora Argentina (OCA)
- Camuzzi Argentina S.A.
- IRSA Inversiones y Representaciones S.A.
- Empresa Distribuidora de Energia Norte S.A. (EDEN)
- Empresa Distribuidora de Energia Sur S.A. (EDES)

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