Apolo1102.2 escribió:BUENOS AIRES (S&P Global Ratings) June 13, 2017--S&P Global Ratings raised its
corporate credit ratings on IRSA Inversiones y Representaciones S.A. (IRSA)
and on its subsidiary, IRSA Propiedades Comerciales (IRCP), to 'B' from 'B-'.
The outlook on the corporate credit ratings is stable.
We also raised the issue-level ratings on IRSA and IRCP to 'B' from 'B-'. The
rating on IRSA's senior unsecured notes is at the same level as the corporate
credit rating because we believe that investors on these notes do not face a
disadvantage as creditors of the holding company. Although we believe IRSA
partly depends on cash flows from IRCP, the holding company has also
operations and assets of its own, and we believe that in an event of default,
creditors at the parent level would likely also benefit from residual assets
at the subsidiary level after paying all creditors at that level.
The upgrade of IRSA and IRCP mirrors Argentina's upgrade on April 4, 2017, and
the upward revision of country risk on May 23, 2017. The ratings on the
companies were not immediately raised after the sovereign upgrade, because we
had to analyze IRSA and its parent CRESUD S.A.C.I.F y A's increase in leverage
to evaluate potential changes of our assessment of the group's credit profile.
Although we now see higher leverage, we believe lower country risk and the
companies' improved business conditions mitigate this risk.
Que buena noticia .. Aportando datos positivos como siempre..Gracias ..
pero no todo. Estoy moviendome por otro lado ahora...mal no salió, podría comprar 15% más de nominales de los que vendí ahora