Standard & Poor's has become the first ratings agency to downgrade Venezuela's credit rating to default status, following the country's failure to make two payments on its sovereign debt.
Venezuela failed to make the $200m owed in coupon payments for its global bonds due in 2019 and 2024 within the allotted 30-day time period, according to S&P. Therefore, the ratings agency has downgraded...
Raised over £167,000
Luxembourg to become head office for EU business
Net issuance reached $473bn in 2017
As a result of changing environment
Created following FCA probe