Recovery Ratings On Sovereign And International Public Finance Debt Withdrawn - S&P Global Ratings’ Credit Research

Recovery Ratings On Sovereign And International Public Finance Debt Withdrawn

Recovery Ratings On Sovereign And International Public Finance Debt Withdrawn - S&P Global Ratings’ Credit Research
Recovery Ratings On Sovereign And International Public Finance Debt Withdrawn
Published Mar 15, 2013
Published Mar 15, 2013
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) March 15, 2013--Standard&Poor's Ratings Services announced today that it is withdrawing its recovery ratings on all speculative-grade sovereign and international public finance loans and debt issues. In the future, we may provide commentary on recovery prospects for certain sovereign and international public finance debt in selective cases where we believe our views would be of particular interest to investors. We have revised our issue-level ratings on one issuer, The Republic of Costa Rica, as a result of these recovery rating withdrawals. The recovery rating on Costa Rica's senior unsecured debt was previously '2', indicating our expectation of substantial (70% to 90%) recovery for debtholders in the event of a payment default. As per

  
Report Type:

Ratings Action

Ticker
172385Z@CR
Issuer
Sector
Global Issuers, Structured Finance
Country
Region
Latin America
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Recovery Ratings On Sovereign And International Public Finance Debt Withdrawn" Mar 15, 2013. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Recovery-Ratings-On-Sovereign-And-International-Public-Finance-Debt-Withdrawn-1095886>
  
APA:
S&P Global Ratings’ Credit Research. (). Recovery Ratings On Sovereign And International Public Finance Debt Withdrawn Mar 15, 2013. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Recovery-Ratings-On-Sovereign-And-International-Public-Finance-Debt-Withdrawn-1095886>
  
US$ 150.00
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