Ratings company Fitch downgraded El Salvador’s long-term foreign currency issuer default rating (IDR), saying it is likely to default on a bond repayment due January.
Source
Related posts
-
Microstrategy Completes $3B Debt Offering to Expand Bitcoin Holdings; Shares Drop 16%
Microstrategy has finalized a $3 billion convertible note offering, further bolstering its position as a leading... -
Metaplanet Follows MSTR’s Lead, Announces Debt Sale for Additional Bitcoin (BTC) Purchases
Metaplanet started buying BTC in April this year as a hedge against Japan’s debt issues and... -
How crypto could save the US from a debt crisis
Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in...