Research Update: Peru Long-Term Foreign Currency Rating Raised To 'BBB+', Long-Term Local Currency Rating Raised To 'A-'; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Peru Long-Term Foreign Currency Rating Raised To 'BBB+', Long-Term Local Currency Rating Raised To 'A-'; Outlook Stable

Research Update: Peru Long-Term Foreign Currency Rating Raised To 'BBB+', Long-Term Local Currency Rating Raised To 'A-'; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Peru Long-Term Foreign Currency Rating Raised To 'BBB+', Long-Term Local Currency Rating Raised To 'A-'; Outlook Stable
Published Aug 19, 2013
Published Aug 19, 2013
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Peru continues to grow at high rates, underpinning the country's debt dynamics. The government has taken policy actions to bolster the country's ability to withstand external shocks, including establishing a Fiscal Stabilization Fund and building international reserves. As a result of the improved fundamentals, we are raising our long-term foreign currency rating on Peru to 'BBB+' from 'BBB' and our long-term local currency rating to 'A-' from 'BBB+'. The stable outlook reflects our expectation for continued economic growth as a result of investment in the energy and mining sectors. (Watch the related CreditMatters TV segment titled, "What Spurred Standard&Poor?s Rating Actions On Peru," dated Aug. 27, 2013.) On Aug. 19, 2013, Standard&Poor's Ratings Services raised its

  
Report Type:

Research Update

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. "Research Update: Peru Long-Term Foreign Currency Rating Raised To 'BBB+', Long-Term Local Currency Rating Raised To 'A-'; Outlook Stable" Aug 19, 2013. Alacra Store. Apr 28, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Peru-Long-Term-Foreign-Currency-Rating-Raised-To-BBB-Long-Term-Local-Currency-Rating-Raised-To-A-Outlook-Stable-1183848>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Peru Long-Term Foreign Currency Rating Raised To 'BBB+', Long-Term Local Currency Rating Raised To 'A-'; Outlook Stable Aug 19, 2013. New York, NY: Alacra Store. Retrieved Apr 28, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Peru-Long-Term-Foreign-Currency-Rating-Raised-To-BBB-Long-Term-Local-Currency-Rating-Raised-To-A-Outlook-Stable-1183848>
  
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