
S&P Maintains South Korea's Sovereign Rating at 'AA'
S&P Global Ratings affirmed South Korea's long-term sovereign credit rating at "AA" with a stable outlook, citing the country's competitive electronics sector and supportive fiscal policy.
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S&P Global Ratings affirmed South Korea's long-term sovereign credit rating at "AA" with a stable outlook, citing the country's competitive electronics sector and supportive fiscal policy.

S&P Global Ratings has downgraded the financial ratings for both Slovakia and Belgium, citing concerns over weak economic growth and the state of public finances in the respective countries.

S&P Global Ratings has detailed the necessary steps for Hungary to prevent its credit rating from falling into 'junk' status. The report suggests that the actions of the Tisza government will play a crucial role in this outcome.

S&P Global Ratings has slashed New Orleans' credit rating, citing 'structurally imbalanced operations' as the reason for the downgrade, impacting the city's financial standing.

S&P Global Ratings has reconfirmed Romania's government debt rating at BBB-/A-3, maintaining a negative outlook and warning that the country's deficit and inflation leave little room for economic shocks.

S&P Global Ratings has indicated that Ghana's sovereign credit rating could come under renewed pressure within the next 12 to 18 months if the country's fiscal reform efforts falter or if external economic conditions deteriorate.
Senegal has experienced a downgrade in its credit rating by major agencies Moody's and S&P Global Ratings, with a CEO explaining the factors behind the decision.
S&P Global Ratings has assessed the Dubai property market, concluding that it is unlikely to experience a crash similar to that of 2008, offering a positive outlook for the sector.
S&P Global Ratings has affirmed Guinea's B+/B credit rating and revised its outlook to 'Positive,' noting the country's economic prospects are outperforming Senegal.
S&P Global Ratings has issued a warning that Hungary's credit rating could face a downgrade, as reported by the Budapest Business Journal.
Shares of Paramount and Skydance Media declined following a warning from S&P Global Ratings regarding Paramount's credit profile, impacting the proposed merger.

S&P Global Ratings has decided to improve the outlook for Portugal's credit rating, signaling a potential upgrade in the near future, following two previous improvements in 2025.
Bondholders of Electronic Arts (EA) are resisting a debt buyback proposal, while S&P Global Ratings has expressed doubts about the company's credit ratings.
Bloomberg/Getty Images Blue Owl Capital failed to secure financing for a $4 billion data center project in Pennsylvania. One lender said the lack of interest was due to CoreWeave's creditworthiness. AI data center investments face financing challenges due to concerns about credit risk. Blue Owl Capital, a leading investor in the data center boom, was unable to arrange financing for a $4 billion data center it is co-developing in Pennsylvania after pitching lenders to help bankroll the project in recent months. The facility, 80 miles west of Philadelphia in the city of Lancaster, will be occupied by CoreWeave, a provider of artificial intelligence cloud computing services that has become a closely watched name in the AI race for its rapid expansion — and the billions of dollars of high-interest-rate debt it has taken on to fuel that growth. An executive who arranges debt for major data center deals told Business Insider that the lack of interest in the Lancaster project was due to growing caution among lenders and investors about taking on sizable exposures to AI players with less-than-sterling credit. CoreWeave has a below-investment-grade rating of B+, according to S&P Global Ratings. "We saw it. We passed," a senior executive at a large specialty lender told Business Insider. The financing executive and the lender did not want to be identified because they were speaking about an industry name they may seek to do business with. A spokesman for Blue Owl said that the company had "considered" third-party financing for the Lancaster project "as we would with any transaction as we explore alternatives before choosing the most attractive path forward." The spokesman added that the project, which he said is already under construction, "is fully funded, on time, and on budget." It is unclear whether Blue Owl has been funding construction entirely from its own capital. If Blue Owl is unable to raise debt for the Lancaster development, it could be on the hook for a potentially huge outlay of cash to pay for the data center's construction. The situation shows the complications and risks involved in financing the massive buildout of infrastructure for AI computing. Brennan Hawken, an equity analyst at BMO Capital Markets who covers Blue Owl, said that difficulties to raise debt for the Lancaster project would raise concern. "I'm not familiar with this deal, but if there is a struggle to find the debt financing, that's a bit of a red flag that I would want to drill into," Hawken said. Business Insider previously reported that major banks had recent difficulty selling off pieces of $38 billion of debt to finance the construction of two data center campuses that will be anchored by Oracle. Banks often sell pieces of such large commitments to other lenders to spread risk and also reap a quick profit. The slowdown in interest in participating in that financing was due to worries about Oracle's enormous AI spending and whether the tech company's credit rating could be impacted by those outlays. Oracle has since sought to calm the lending market, announcing that it would raise up to $50 billion of cash from stock and bond offerings in order to "maintain a solid investment-grade balance sheet." One of the boom's most creative financiers Last summer, CoreWeave announced it would lease 100 megawatts of initial capacity at the Lancaster data center and potentially expand its commitment to 300 megawatts. The company said it would pour up to $6 billion into the project to equip it with chips and other cloud infrastructure. A month later, in August, Chirisa Technology Parks announced it would partner with Blue Owl and Machine Investment Group to develop the project. The partnership said it would provide $4 billion of funding, an amount separate from CoreWeave's investment, to support the construction of the project's data center facilities. In the fall, Blue Owl began shopping the development to potential lenders, a person familiar with that effort said. Blue Owl has been one of the most creative financial architects of the data center building boom. Last year, it structured a deal to partner with Meta in the ownership of a large data center campus that Meta will build and operate in Louisiana. Blue Owl utilized Meta's strong credit to raise $27.3 billion of investment-grade corporate bonds against its share of the project's equity, proceeds that will be used to help pay for construction, according to S&P. Blue Owl could arrange a similar type of vehicle that could attempt to tap the credit of an investment-grade customer of CoreWeave's who might use the Lancaster facility or Nvidia, the chipmaker that has purchased large stakes in CoreWeave. It could also potentially raise cash for construction debt by tapping large institutional investor clients to pool together a loan, Hawken said. Much of the development of hyperscale data center campuses has sought to utilize the strong credit ratings and deep pockets of big-tech partners. Fluidstack, a peer of CoreWeave's, announced a deal last year to lease a 168-megawatt data center in Colorado City, Texas, which will be built by the crypto mining firm Cipher. Google, Fluidstack's tenant for the project, said it would guarantee about half of the $3 billion due under the 10-year lease. Fluidstack signed another similar-sized lease in December with the data center builder TeraWulf that will also provide "investment-grade credit support." Read the original article on Business Insider

A new S&P Global Ratings report indicates that Morocco is one of the African economies least vulnerable to the economic repercussions of the ongoing Middle East conflict, showcasing its macroeconomic resilience.
S&P Global Ratings has upgraded Guinea's credit outlook to 'Positive' while affirming its B+/B rating, noting its outperformance compared to Senegal.
S&P Global Ratings has once again downgraded Senegal's credit rating, delivering bitter news for the nation's economy.

S&P Global Ratings has affirmed Ghana's sovereign credit rating at ‘B-/B’ with a stable outlook, citing improving economic conditions despite persistent fiscal and external risks.

S&P Global Ratings confirmed Romania's long-term and short-term sovereign credit ratings at "BBB-/A-3" but announced that the outlook remains negative. Analysts noted that Romania has taken concrete steps towards economic stabilization.
A CEO has offered insights into the factors that led to Senegal's recent credit rating downgrade by Moody's and S&P Global Ratings.
S&P Global Ratings has affirmed Oman's credit rating at 'BBB-' and maintained a stable outlook, reflecting the country's economic stability.

African sovereign borrowing is expected to remain high in 2026, with Morocco among the key players shaping regional debt trends, according to a new S&P Global Ratings report. The post Africa’s…
S&P Global Ratings has affirmed Guinea's B+/B rating and upgraded its economic outlook to 'Positive', indicating improved economic prospects for the nation and noting its outperformance of Senegal.

The credit rating agency S&P Global Ratings has revised its outlook on Iceland to positive from stable, while reaffirming the country’s long- and short-term sovereign credit ratings at A+/A-1. As reported by Stjórnarráðs Íslands, the update was announced on 6 March and reflects expectations that Iceland’s public finances could strengthen over the coming years. What’s… The post S&P Upgrades Iceland’s Economic Outlook to Positive appeared first on Iceland Review.

S&P Global Ratings said it’s placed all of its ratings of Paramount Skydance on what’s called CreditWatch with negative implications, reflecting increased leverage well above the agency’s threshold…

S&P Global Ratings forecasts that the value of collateral assets used by Hong Kong banks for commercial property loans will continue to decline in 2026, as the sector has not yet reached a clear bottom.
S&P Global Ratings has assigned a 'BB-' long-term foreign currency rating to Mongolia's proposed senior unsecured notes.

Several European countries received updated credit ratings and outlooks from agencies like S&P, Fitch, and Scope. While Slovakia's rating was downgraded due to slow consolidation, Lithuania saw an upgrade, and Finland's outlook shifted to negative, with other nations like Greece and Italy maintaining their current ratings.
S&P Global Ratings stated that Indonesia's credit rating is the most at risk in Southeast Asia due to ongoing global conflicts.
S&P Global Ratings indicates that Qatar maintains a strong economic position despite downstream pressures within the GCC region.

S&P Global Ratings has affirmed Romania's investment-grade credit rating, indicating the country's ability to meet its financial obligations. However, the rating agency also maintained a negative outlook, suggesting potential for a downgrade in the future.

Romania is awaiting a decision from S&P Global Ratings this week regarding its sovereign credit rating.
S&P Global Ratings has issued a warning regarding Bangladesh's increased energy vulnerability. The rating agency cited the country's reliance on imported energy sources as a key factor contributing to this heightened risk.
S&P Global Ratings has maintained Kuwait’s long-term sovereign credit rating at AA- and its short-term rating at A-1+, as reported by the Kuwait Times.

The international rating agency S&P Global Ratings has revised its outlook on Landsvirkjun's credit rating from stable to positive.

S&P Global Ratings upgraded Croatia's long-term credit rating to 'A' from 'A-', with a stable outlook. Minister of Economy Ante Šušnjar announced the upgrade, noting it means more favorable loans and investments, and commented on 'cheap spins' from Serbia.

S&P Global Ratings has revised Iceland's sovereign credit rating outlook from stable to positive, citing strong public finances and expectations of continued recovery over the next two years.
S&P Global Ratings is reviewing Berkshire Hathaway-owned utility PacifiCorp for a potential downgrade to junk status, citing increased liabilities and costs associated with wildfires.
S&P Global Ratings has flagged potential risks to Indonesia's credit rating, following a similar warning issued by Moody's weeks prior.

S&P Global Ratings has affirmed Kazakhstan's long-term sovereign credit rating at 'BBB-', maintaining a positive outlook but flagging risks related to oil and export routes.