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.
Investors have doubled down on their bullish bets on Argentina’s debt since the October midterm elections, wagering the strong showing for President Javier Milei’s party will lead to broad legislative support for his market-friendly reforms.
“A stronger political standing following recent midterm elections and declining economic ...
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