Monday, August 22, 2016

Moody's downgrades Brazil's Odebrecht construction company

SAO PAULO, Aug 22 (Reuters) - Moody's Investors Service

downgraded the credit ratings of two units of Odebrecht SA, the

engineering and construction company and the financial holding

entity, citing liquidity and reputational risks for the

Brazilian conglomerate, which is one of the main targets of the

country widest-ever corruption probe.

Read more

No comments:

Post a Comment