Banking & Capital Markets

Latin American & Caribbean banking, financial services, investment & insurance news

Fitch Sees Rising Latin American Debt Defaults

Fitch Sees Rising Latin American Debt Defaults

The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.

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