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S&P downgrades Codelco on increasing debt

The revision follows earlier downgrades from Fitch and Moody’s

Isabeau van Halm
S&P downgrades Codelco on increasing debt

S&P Global Ratings downgraded Chile state-copper producer Codelco's long-term foreign currency rating to BBB+ from A. Additionally, S&P revised Codelco's stand-alone credit profile to b+ from bb-. ...

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