Rating agency says the Chilean telco has shown “less of a commitment” to lowering debt
Category: Fitch Ratings
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Fitch improves outlook for Jamaica
Rating agency points to progress in cutting debt and $1.7 bln in new loans from the IMF
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Fitch upgrades ICE in Costa Rica
Rating agency bumps up the state-owned electric utility company to BB- after lifting the sovereign rating last week.
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Fitch cuts VTR to B-
Rating agency cites “very limited” information on the Chilean telco’s financial strategy after a merger with Mexico’s América Móvil
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Fitch downgrades Digicel again
Rating agency gives the Caribbean mobile phone company a C after creditors grant a 30-day grace period on a $925 mln bond payment
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Fitch upgrades Costa Rica by two notches
Rating agency improves the Central American sovereign issuer to BB- on lower debt and controlled spending
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Fitch upgrades Arcos Dorados
Latin America’s sole McDonald’s franchiser surpasses pre-pandemic revenues and looks to Brazil for growth, according to the rating agency
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Fitch drops Digicel to CC
Caribbean mobile phone company faces “very high credit risk” with a $925 mln bond payment due next month
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Fitch upgrades Energuate
Rating agency rewards the Guatemalan power company after upgrading the country’s sovereign ratings last week
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Fitch casts negative outlook on Femsa
Rating agency says Mexican beverage and retail group will lose scale as it sells its stake in Dutch brewer Heineken