Uruguay earns fifth Investment Grade rating

By Pittaluga Abogados

For the first time in its history, Uruguay obtained an “investment grade” rating from five major credit rating agencies, due to its “solid macroeconomic policies, its compliance with obligations, and sustainable long-term financial, fiscal, social, and production conditions, thus guaranteeing low risk exposure for investing, operating, producing, and working in Uruguay".

 The Japanese agency Rating and Investment Information joined Moody’s, Fitch, Standard & Poor’s, and DBRS in awarding Uruguay an investment grade. This upgrades Uruguay’s foreign currency and long-term credit rating from BB+ to BBB-, the best grade ever achieved by the country.

Pittaluga Abogados

Pittaluga Abogados, has initiated its professional practice 20 years ago, as an Intellectual Property Law Firm.

After some years providing a specialized and top level service for foreign clients, many of them among the world premier companies, Pittaluga Abogados obtained a recognized international prestige in said field, which convert it into one of the leaders Intellectual Property Law Firms in Uruguay.

Thus, today in P&A we take pride in emphasizing that our goal has always been and will continue being, to keep a personal relationship with our clients, considering at all times the priorities of our clients as our own, with the belief that each one of them is unique and irreplaceable.

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