15-04-2016 23:29 via news.yahoo.com

Moody's upgrades Argentina as end to creditor battle nears

By Maximiliano Rizzi and Sarah Marsh BUENOS AIRES (Reuters) - Moody's bumped up Argentina's credit rating one grade to "B3" on Friday due to "economic policy improvements" under a new, business-friendly government and expectations the country will finally settle a legal battle with creditors. Both said they would assign a new rating to the sovereign issuer once Argentina had finally recovered from a 2014 default. Argentina is preparing to launch its first international bond issue in 15 years nex
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