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Moody's trims AES El Salvador Trust II
Moody's Investors Service said it downgraded the ratings for AES El Salvador Trust II to Caa2 from Caa1.
“The downgrade of the ratings of Trustco II to Caa2 from Caa1 with a negative outlook reflects the May 4 downgrade of the sovereign bond rating of the government of El Salvador to Caa3 from Caa1 with negative outlook,” Moody’s said in a press release.
The outlook remains negative.
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