S&P Global Inc. Updates Credit Ratings for Various Entities

S&P Global Inc., a leading financial information service provider, has announced updates to its credit ratings for several entities.

• The company has assigned a “B-” rating to Sky Protocol, a USDS issuer, citing centralization risks and threats from cybersecurity and regulation.
• S&P Global has also rated Sky’s DeFi protocol at a speculative grade, indicating institutional interest in DeFi credit risk.

In addition to these updates, S&P Global has upgraded the credit profile of BCIE to “aa” due to a more solid financial risk profile.

• The company has assigned high ratings to emissions of certificados bursátiles de largo plazo from the Fondo Especial para Financiamientos Agropecuarios.

These developments reflect S&P Global’s continued influence in the financial markets and its commitment to providing accurate and timely credit assessments.

Key Credit Rating Updates:

• Sky Protocol: “B-” rating assigned due to centralization risks and cybersecurity threats
• Sky’s DeFi protocol: speculative grade rating assigned, indicating institutional interest in DeFi credit risk
• BCIE: credit profile upgraded to “aa” due to a more solid financial risk profile
• Fondo Especial para Financiamientos Agropecuarios: high ratings assigned to emissions of certificados bursátiles de largo plazo