Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for Parana > News item |
S&P rates Parana BBB-
Standard & Poor's said it assigned a BBB- rating to the state of Parana.
The outlook is stable.
The rating reflects Parana's moderate debt estimated at 63% of its operating revenue, S&P said.
The rating also considers its low debt service, which has consistently accounted for less than 7% of the state's operating revenues in the past three years, the agency said.
The partly offsetting factor is Parana's limited revenue flexibility, S&P said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.