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10 months ago
BRIEF-S&P places El Salvador's 'B+/B' ratings placed on creditwatch negative on heightened political polarization
October 7, 2016 / 1:11 AM / 10 months ago

BRIEF-S&P places El Salvador's 'B+/B' ratings placed on creditwatch negative on heightened political polarization

Oct 6 (Reuters) - S&P on El Salvador:

* Placed ratings on creditwatch negative based on view of deteriorating financial management

* El Salvador 'B+/B' ratings placed on creditwatch negative on heightened political polarization

* Failure to agree on fiscal, other reforms that help stabilize El Salvador's access to liquidity, contain its debt burden could lead to downgrade. Source (bit.ly/2dOGLWk)

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