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El Salvador Credit Ratings

El Salvador
Moody'sS&PFitchDBRSScope Ratings
RatingOutlookRatingOutlookRatingOutlookRatingOutlookRatingOutlook
Caa1NegativeB-NegativeB-NegativeNR-NR-

Credit Rating History

Rating Agency
Date
Previous Rating
Previous Outlook
New Rating
New Outlook
S&P
Oct 21, 2021B-StableB-Negative
Moody's
Jul 30, 2021B3NegativeCaa1Negative
Moody's
Feb 5, 2021B3Under ReviewB3Negative
Moody's
Nov 16, 2020B3PositiveB3Under Review
Fitch
Apr 30, 2020B-StableB-Negative
Moody's
Mar 12, 2020B3StableB3Positive
S&P
Dec 28, 2018CCC+PositiveB-Stable
Moody's
Feb 23, 2018Caa1StableB3Stable
S&P
Dec 14, 2017CCC+StableCCC+Positive
Fitch
Oct 6, 2017CCCN/AB-Stable
S&P
Oct 3, 2017SDN/ACCC+Stable
S&P
Oct 2, 2017CCNegativeSDN/A
S&P
May 5, 2017SDN/ACCNegative
S&P
Apr 20, 2017CCC-Negative WatchSDN/A
Moody's
Apr 13, 2017B3NegativeCaa1Stable
S&P
Apr 11, 2017B-NegativeCCC-Negative Watch
Fitch
Apr 10, 2017BNegativeCCCN/A
Fitch
Feb 1, 2017B+StableBNegative
S&P
Dec 8, 2016BNegative WatchB-Negative
Moody's
Nov 7, 2016B1Negative WatchB3Negative

Table Key

Grade
Moody'sS&PFitchDBRSScope Ratings
Prime
AaaAAAAAAAAAAAA
High Grade
Aa1AA+AA+AA (high)AA+
Aa2AAAAAAAA
Aa3AA-AA-AA (low)AA-
Upper Medium Grade
A1A+A+A (high)A+
A2AAAA
A3A-A-A (low)A-
Lower Medium Grade
Baa1BBB+BBB+BBB (high)BBB+
Baa2BBBBBBBBBBBB
Baa3BBB-BBB-BBB (low)BBB-
Non-investment Grade Speculative
Ba1BB+BB+BB (high)BB+
Ba2BBBBBBBB
Ba3BB-BB-BB (low)BB-
Highly Speculative
B1B+B+B (high)B+
B2BBBB
B3B-B-B (low)B-
Substantial Risks
Caa1CCC+CCC+CCC
Caa2CCCCCCCCCCCC
Caa3CCC-CCC-CCC
Extremely Speculative
CaCCCCCCCCC
CCCCC
In Default with Little Prospect for Recovery
CDRDRD
In Default
SDSD
CDDDD
DDDD
DDDDDD
Not Rated
NRNRNRNRNR

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