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Bulletin: No Rating Actions On Eight Latin American LRGs Following The Release Of Updated Criteria
Standard & Poors, Sep 2010
Abstract
MEXICO CITY (Standard & Poor's) Sept. 27, 2010--On Sept. 20, 2010, Standard & Poor's Ratings Services published its enhanced methodology for rating non-U.S. local and regional governments. The updated criteria, titled 'Methodology For Rating International Local And Regional Governments,' did not have any impact on the global-scale ratings on LRGs in Argentina, Brazil, Colombia, and Mexico. Standard & Poor's rates eight LRG's in Latin America on a global scale. In Argentina, we rate Province of Buenos Aires (B/Stable/--), City of Buenos Aires (B/Stable/--), Province of Cordoba (B/Stable/--), and Province of Mendoza (B/Stable/--). In Brazil, we rate the State of Rio de Janeiro (BBB-/Stable/--) and the State of Sao Paulo (BBB-/Stable/--). In Colombia, we rate Bogota Distrito Capital (BBB-/Stable/--), and we...
Companies mentioned in this report are: Buenos Aires (Province of),Bogota Distrito Capital,Buenos Aires (City of),Mendoza (Province of),Sonora (State of),Cordoba (Province of),Rio de Janeiro (State of),Sao Paulo (State of)
Action: Bulletin
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.
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