Telecom Argentina S.A. -- Moody's downgrades Argentine non-financial companies' global and national scale ratings and concludes review for downgrade; negative outlook

Moody's

Buenos Aires City, April 07, 2020 -- Moody´s Latin America Agente de Calificación de Riesgo S.A., ("Moody´s") has downgraded the global scale and national scale ratings for several non-financial companies operating in Argentina. The rating 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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