Moody’s sees debt loads of large Latin American sovereigns likely staying high

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FILE PHOTO: Signage is seen outside the Moody's Corporation headquarters in Manhattan, New York

MEXICO CITY (Reuters) – Moody’s Investors Service on Wednesday said the debt loads of large Latin American sovereigns will likely stay high, constraining governments’ ability to support economic growth.

The ratings agency added that corporate indebtedness will remain low despite inflation and political stress.

(Reporting by Carolina Pulice and Aida Pelaez-Fernandez; Editing by Brendan O’Boyle)

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