1 minute read
Argentina’s government bond rating is Caa2, RUR
Argentina’s government bond rating has been Caa2 since August 2019, currently under RUR
» The review for downgrade reflects our view that there is a significant risk of higher losses expected from future negotiations between the government and debt holders » We could confirm the current rating if the expected terms for the debt restructuring limit investors' losses to around 10%-20% » We would downgrade the rating if we were to conclude that expected losses to investors will likely be higher than 20%
Advertisement
