S&P affirms Honduras credit rating, sees negative outlook on fiscal deterioration expectations
Published on: Thursday 21 July 2022
Ratings agency S&P Global on Thursday affirmed Honduras' sovereign credit rating at 'BB-/B' and lowered its outlook to "negative" on the expectation of fiscal deterioration. "The negative outlook reflects our view that there is at least a one in three chance that we will downgrade Honduras in the next six to 18 months, if the fiscal deterioration worsens the sovereign debt burden beyond our expectations," S&P Global said in a statement.
