Tecpetrol Internacional S.L.U. -- Moody's downgrades Argentine non-financial companies and concludes review for downgrade; negative outlook


New York, April 07, 2020 -- Moody's Investors Service, ("Moody's") has downgraded the ratings for several non-financial companies operating in Argentina. This concludes the review for downgrade initiated on 3 September 2019. The actions follow the downgrade of the Government of Argentina's bond rating to Ca from Caa2, with the outlook changed to negative from ratings under review, on April 3, 2020.

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