{"id":38778,"date":"2011-07-24T07:00:00","date_gmt":"2011-07-24T09:00:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/moodys-upgrades-petrobras-risk-rating\/"},"modified":"2024-02-21T22:28:19","modified_gmt":"2024-02-22T01:28:19","slug":"moodys-upgrades-petrobras-risk-rating","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/moodys-upgrades-petrobras-risk-rating\/","title":{"rendered":"Moody&#8217;s upgrades Petrobras risk rating"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 The Brazilian oil company Petrobras informed last week that the risk rating agency Moody\u2019s has upgraded its foreign currency debt rating from Baa1 to A3. The rating includes the state-owned enterprise\u2019s subsidiaries that are guaranteed by the parent company.<\/p>\n<p> According to Petrobras, the decision came after the upgrading of Brazil\u2019s long-term sovereign debt rating in foreign currency from Baa3 to Baa2. The company added that the foreign currency rating of its debt is now equal to the global scale local currency rating.<\/p>\n<p> According to the company, the rating covers all global debt securities issued by Petrobras International Financial Company (Pifco). Petrobras believes that the decision will contribute to increase the number of investors purchasing its bonds, and improve fundraising conditions.<\/p>\n<p> <b>*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian oil company\u2019s foreign currency debt rating has gone from Baa1 to A3. The company claims that this will enable it to raise funds in better conditions.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-38778","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian oil company\u2019s foreign currency debt rating has gone from Baa1 to A3. The company claims that this will enable it to raise funds in better conditions.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/38778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=38778"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/38778\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=38778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=38778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=38778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}