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S&P Lifts Argentina Rating, Sees Nation More Able to Repay Debt

Bloomberg Markets
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S&P Lifts Argentina Rating, Sees Nation More Able to Repay Debt

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Pedestrians walk through Plaza de Mayo in Buenos Aires, Argentina.S&P Global Ratings lifted Argentina’s credit score by a notch, saying that improved economic metrics and the governments increased congressional support make it better able to service its debts. The rating agency raised the nation’s score to CCC+, seven notches below investment grade, it said in a statement on Wednesday. The outlook is stable.

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Source: Bloomberg Markets