Rating agency says the $265 mln deal allows the Brazilian cement maker to carry on with its debt restructuring plans
Category: Fitch Ratings
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Fitch promotes Promerica to B+
Rating agency rewards the Central American financial services group for higher profits and improved capital structure
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Fitch puts Unigel closer to default
Rating agency doubts the Brazilian petchem company can generate enough cash, receive shareholder support or sell assets in time to meet debt payments
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Unigel suffers another downgrade
S&P cuts the Brazilian petchem company to CCC+ on risks of debt restructuring
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Fitch upgrades Uruguay to BBB
Rating agency rewards the South American country for a “resilient fiscal performance” in the wake of the COVID-19 pandemic
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Fitch improves perspective for Nicaragua
Rating agency gives the Central American country a positive outlook as rising remittances from abroad support economic growth
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InterCement seeks waivers on debt payments
Brazilian cement company initiates discussions with creditors after missing payment on a loan from HSBC
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Fitch puts Oi in default
Rating agency downgrades Brazilian telco after it filed for bankruptcy earlier this year
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Fitch downgrades VTR again
Rating agency cuts the Chilean telco to CCC- on weak liquidity and declining cash flow
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Fitch ranks Banco Azteca below investment grade
Rating agency gives the Mexican consumer lender a first-time rating of BB due to “a good funding profile”