StockWatch
·
Natural Gas Distribution
RatingJun 12, 2026, 10:21 AM

TGS Credit Rating Upgraded to 'B' by S&P Global Ratings

AI Summary

Transportadora de Gas del Sur S.A. (TGS) announced that S&P Global Ratings upgraded its long-term local and foreign currency debt ratings. The ratings were raised from "B-" to "B". This upgrade was a result of S&P's revision of Argentina's transfer and convertibility risk assessment.

Key Highlights

  • S&P Global Ratings upgraded TGS's long-term local and foreign currency debt ratings.
  • The ratings were upgraded from "B-" to "B".
  • The upgrade followed a revision of Argentina's transfer and convertibility risk assessment.
  • The decision was made on June 11, 2026.