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2 clusters · 5 sources · 18 days · First seen · Last updated

Buenos Aires credit rating upgrade

Overview

The City of Buenos Aires received a credit rating upgrade to AAA for both local and foreign currency issuers from Standard & Poor’s, maintaining a stable outlook.

The agency credited the upgrade to the city’s ability to maintain consistent fiscal surpluses, prudent financial management, and the accumulation of liquidity reserves. These factors have enabled the city to reduce debt and improve infrastructure despite Argentina’s volatile macroeconomic environment and reductions in government transfers. Local officials noted that the upgrade reflects the city’s financial order and should facilitate better access to financing for future investments.

Entities

Rio de Janeiro · Fitch Ratings · Eduardo Cavaliere · São Paulo · Jorge Macri

Timeline

  1. 9 days ago

    [BUSINESS] 5 sources
    City of Buenos Aires receives AAA credit rating upgrade

    Standard & Poor’s has upgraded the City of Buenos Aires' credit rating to AAA, citing consistent fiscal surpluses and resilient financial management despite national macroeconomic volatility.

  2. 27 days ago

    [BUSINESS] 19 sources
    Rio de Janeiro receives AAA credit rating upgrade from Fitch

    Fitch Ratings upgraded Rio de Janeiro's long-term national credit rating to AAA, citing improved fiscal management, robust liquidity, and a gradual reduction in municipal debt.

Sources

bankmagazine.com.ar · diariofirmat.com.ar · eleconomista.com.ar · impulsobaires.com.ar · proactivo.com.pe