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Volcan Compania Minera S.A.A. y Subsidiarias: Update following downgra...

Our credit view of Volcan reflects its weak liquidity and financial flexibility, which increases the risk of a restructuring or distressed exchange.

Moody's downgrades Volcan's ratings to Caa3; outlook remains negative

Moody's Investors Service (Moody's) has downgraded today Volcan Compania Minera S.A.A. y Subsidiarias ("Volcan")'s Corporate Family Rating ("CFR") and Senior Unsecured ratings to Caa3 from Caa1. The outlook remains negative. RATINGS RATIONALE The downgrade of Volcan's ratings reflects the increasing...

Moody's downgrades Volcan's ratings to Caa3; outlook remains negative

Moody's Investors Service (Moody's) has downgraded today Volcan Compania Minera S.A.A. y Subsidiarias ("Volcan")'s Corporate Family Rating ("CFR") and Senior Unsecured ratings to Caa3 from Caa1. The outlook remains negative. RATINGS RATIONALE The downgrade of Volcan's ratings reflects the increa...

Volcan Compania Minera S.A.A. y Subsidiarias: Update following downgra...

Our credit view of this issuer reflects its constrained cost structure, which adds to the earnings volatility stemming from the exposure to commodity prices.

Moody's downgrades Volcan's ratings to Caa1; outlook remains negative

Moody's Investors Service ("Moody's")  has downgraded today Volcan Compania Minera S.A.A. y Subsidiarias ("Volcan")'s Corporate Family Rating ("CFR") and Senior Unsecured rating to Caa1 from B2. The outlook remains negative. Downgrades: ..Issuer: Volcan Compania Minera S.A.A. y Subsidiarias .......

Volcan Compania Minera S.A.A. y Subsidiarias: Update following downgra...

Our credit view of Volcan reflects its increasing refinancing risk and costs pressures.

Moody's downgrades Volcan's ratings to B2; changes outlook to negative

Moody's Investors Service ("Moody's")  has downgraded today Volcan Compania Minera S.A.A. y Subsidiarias ("Volcan")'s corporate family rating (CFR) and senior unsecured rating to B2 from B1. The outlook was changed to negative from stable. Downgrades: ..Issuer: Volcan Compania Minera S.A.A. y Su...

Volcan Compania Minera S.A.A. y Subsidiarias: Volcan's consent solicit...

The consent solicitation and tender offer are credit positive because it is likely to reduce debt.

Volcan Compania Minera S.A.A. y Subsidiarias: Update following B1 rati...

Our credit view of Volcan, reflecting adequate liquidity and lower profitability through 2023

Moody's affirms Volcan B1 ratings; stable outlook

Rating Action: Moody's affirms Volcan B1 ratings; stable outlook. Global Credit Research- 12 Jan 2022. New York, January 12, 2022-- Moody's Investors Service has today affirmed Volcan Compania Minera S.A.A. y Subsidiarias' s B1 corporate family rating and senior unsecured ratings.

Moody's announces completion of a periodic review of ratings of Volcan...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Volcan Compania Minera S.A.A. y Subsidiarias. Global Credit Research- 25 May 2021. New York, May 25, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Volcan Compania Minera S.A.A. y Subsidiarias and other ratings that are associated with the same analytical unit.

Volcan Compania Minera S.A.A. y Subsidiarias: Covenant Quality Post-Sa...

The covenant package of Volcan Compania S.A.A. provides moderate protection, reflecting a CQ score of 3.13.

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