S&P trims Petrobras, Eletrobras views to negative

Standard & Poor's said it revised its outlooks on Petroleo Brasileiro SA (Petrobras) and Eletrobras - Centrais Eletricas Brasileiras SA (Eletrobras) to negative from stable.

The outlook revisions follow an identical outlook revision on the sovereign ratings on the Federative Republic of Brazil. At the same time, S&P affirmed its BBB ratings on Petrobras and BBB foreign currency and A- local currency A- ratings on Eletrobras.

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