Rating agency cuts the Italian utility company’s Santiago-based subsidiary to BBB+ due to “exposure” to non-investment grade markets
Category: Fitch Ratings
Posted inDaily Brief
LatAm sovereign bond sales fall in first half
External issues drop to $20 bln as issuers rely more on local markets and multilateral lenders, Fitch says
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Fitch upgrades Cencosud after acquisitions
Chilean retailer’s ratings rise to BBB as it incorporates recent deals in Brazil and the United States
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Fitch improves outlook for Brazil
Rating agency applauds the government for posting the first primary fiscal surplus since 2013
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Fitch ranks Simpar above Brazil
Rating agency upgrades the Brazilian holding company to BB on rising revenues and greater scale
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Caja Los Andes keeps tabs on bond market
Chilean retirement fund manager is “paying attention” to international financing sources after first-time ratings from Moody’s and Fitch, source says
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Fitch ranks Caja Los Andes as investment grade
Rating agency gives the Chilean retirement fund manager a BBB-, based on its leading position as a payroll lender
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Alpina lines up local bonds
Colombia’s largest dairy producer could raise up to $82 mln in its home market, according to Fitch
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Fitch upgrades Cemex, downgrades San Martín
Rating agency bumps up Mexican cement company to BB+ and knocks down the Peruvian construction company to B-
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Aguas Andinas, Banpaís arrange local bond sales
Chilean water company aims to issue $399 mln in inflation-linked notes as the Honduran lender sets up a debt shelf for $290 mln