Credit rating agency Moody’s raised its outlook for Brazil’s public debt.
The Brazilian government raised 1 billion euros from the American and European markets in bonds due on April 1, 2021. The sale of the bonds was led by banks BB Security, JP Morgan and Santander, announced Thursday (Mar.
Ratings agency Standard & Poor’s (S&P) announced on Wednesday (Mar. 26) the lowering of the global credit rating of 13 Brazilian financial institutions. It comes as result of the cut in Brazil’s sovereign grade on Monday (24).