Peru LT Foreign Currency Rating Raised To 'BB+'; Outlook Revised To Stable From Positive - S&P Global Ratings’ Credit Research

Peru LT Foreign Currency Rating Raised To 'BB+'; Outlook Revised To Stable From Positive

Peru LT Foreign Currency Rating Raised To 'BB+'; Outlook Revised To Stable From Positive - S&P Global Ratings’ Credit Research
Peru LT Foreign Currency Rating Raised To 'BB+'; Outlook Revised To Stable From Positive
Published Nov 20, 2006
Published Nov 20, 2006
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

BUENOS AIRES (Standard&Poor's) Nov. 20, 2006--Standard&Poor's Ratings Services said today that it raised its long-term foreign currency sovereign credit rating on the Republic of Peru to 'BB+' from 'BB' and its long-term local currency sovereign credit rating to 'BBB-' from 'BB+'. Standard&Poor's also raised its short-term local currency sovereign credit rating to 'A-3' from 'B', and affirmed its 'B' short-term foreign currency sovereign credit rating on the republic. The outlook on the ratings was revised to stable from positive. Standard&Poor's also raised its assessment of the risk of transfer and convertibility to 'BBB' from 'BBB-'. According to Standard&Poor's credit analyst Sebastian Briozzo, the upgrade was based upon the continuing strengthening

  
Report Type:

Ratings Action

Ticker
1131Z@PE
Issuer
Peru
Sector
Global Issuers, Structured Finance
Country
Peru
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Peru LT Foreign Currency Rating Raised To 'BB+'; Outlook Revised To Stable From Positive" Nov 20, 2006. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Peru-LT-Foreign-Currency-Rating-Raised-To-BB-Outlook-Revised-To-Stable-From-Positive-546466>
  
APA:
S&P Global Ratings’ Credit Research. (). Peru LT Foreign Currency Rating Raised To 'BB+'; Outlook Revised To Stable From Positive Nov 20, 2006. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Peru-LT-Foreign-Currency-Rating-Raised-To-BB-Outlook-Revised-To-Stable-From-Positive-546466>
  
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