Standard & Poor's Speculative-Grade Sovereign Debt Recovery Ratings Jun 07
Standard & Poors, June 2007
Abstract
Following the introduction of Standard & Poor's Ratings Services' sovereign recovery rating methodology (see article titled " Introduction Of Sovereign Recovery Ratings," published on RatingsDirect on June 12, 2007), we have assigned recovery ratings to the senior unsecured foreign currency debt of 25 speculative-grade sovereign issuers. These ratings, which are expressed on our global recovery rating scale (see table 1), are listed under the subsection below headed "Sovereign Debt Recovery Ratings." This section also gives details of the rationale behind the recovery ratings assigned to the individual sovereigns involved. We also plan to assign recovery ratings to the debt of further speculative-grade sovereigns that have outstanding foreign currency issues in global capital markets in the course of 2007. For other...
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- Bolivarian Republic of Venezuela
- Brazil (Federative Republic of)
- Turkey (Republic of) (Unsolicited Ratings)
- El Salvador (Republic of)
- Indonesia (Republic of)
- Colombia (Republic of)
- Philippines (Republic of the)
- Argentina (Republic of) (Unsolicited Ratings)
- Uruguay (Oriental Republic of)
- Pakistan (Islamic Republic of)
- Egypt (Arab republic of)
- Panama (Republic of)
- Dominican Republic
- Lebanon (Republic of)
- Costa Rica (Republic of)
- Peru (Republic of)
- Ukraine
- Jamaica
- Ecuador (Republic of)
- Belize
- Guatemala (Republic of)
- Grenada
- Vietnam (Socialist Republic of)
- Macedonia (Republic of)
- Serbia (Republic of)
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