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Moody's Downgrades Telefónica Perú Credit Rating Amidst €1.241 Billion Debt Restructuring
Moody's downgraded Telefónica Perú's credit rating to CCC.pe due to its insolvency filing to restructure a €1.241 billion debt, mainly owed to the Peruvian tax authority and bondholders, following 2024 net losses of €872 million.
Moody's Downgrades Telefónica Perú Credit Rating Amidst €1.241 Billion Debt Restructuring
Moody's downgraded Telefónica Perú's credit rating to CCC.pe due to its insolvency filing to restructure a €1.241 billion debt, mainly owed to the Peruvian tax authority and bondholders, following 2024 net losses of €872 million.
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