A Majority Of Brazilian Companies Were Downgraded In Q1 2016

A Breakdown of Brazil’s Downward Spiral

"Just over two years ago, at the beginning of 2014, the Federative Republic of Brazil held a sovereign investment-grade rating of 'BBB' (long-term foreign currency rating), representing a peak in the sovereign's ratings history. However, in a matter of months, the economic landscape of Brazil changed drastically. In this Credit Matters TV segment, Associate Director Gregg Moskowitz will examine the composition of Brazil-based issuers and how they have evolved in Brazil's economic climate." (Source: S&P Credit Matters TV, 6/28/2016)