Paraguay’s Rating Raised to Ba3 by Moody’s on Growth Outlook

Paraguay’s credit rating was boosted one level by Moody’s Investors Service, which cited the country’s “improved medium-term growth prospects.”

Moody’s raised the nation’s rating to Ba3, three levels below investment grade and in line with that of El Salvador and Nigeria. The outlook on the rating is stable, Moody’s said in a statement.

To contact the reporter on this story: Boris Korby in New York at bkorby1@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.