Brazil’s upgrade by Standard & Poor's on Thursday could naturally have an impact on the country’s structured finance ratings. The agency upped the foreign currency and local currency ratings one notch each, to 'BBB' and 'A-,' respectively.

One of the ways in which that could happen is through the brighter transfer and convertibility (T&C) assessment on the country, which ticked up to ‘A-’ from ‘BBB+’, according to Juan de Mollein, Managing Director at the S&P.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.