Ratings agency lifted the country’s credit on solid growth, strong buffers and policy prudence
Category: Fitch Ratings
Posted inDaily Brief
Fitch downgrades Banco Master
Agency says tie-up with state-run BRB could have generated benefits for the digital lender but was blocked by the central bank
Posted inDaily Brief
Potential Braskem Idesa stake sale causes alarm
Brazilian firm says it is evaluating its options for debt-laden subsidiary, triggering ratings downgrade and share price drop
Posted inDaily Brief
Petroperú at risk of default in coming months: Fitch
Peru’s state-owned oil refiner and distributor faces a “severe liquidity crunch” as debt repayments loom, according to ratings agency
Posted inDaily Brief
Braskem falls further down the ratings ladder
Fitch downgrades Brazil petchem firm again, citing its “growing challenge” of refinancing medium-term debt maturities
Posted inDaily Brief
Gol gets two upgrades
Brazilian airline’s credit rating raised by Moody’s and Fitch after it emerges from Chapter 11
Posted inDaily Brief
Córdoba wins Fitch upgrade
Agency says the Argentine province has reduced its refinancing risks after tapping the cross-border bond market last month
Posted inDebt
Mexico returns to debt market to aid Pemex
Sale of close to $10 bln in debt securities could lead to a rating upgrade for oil company, as government helps it refinance liabilities
Posted inDaily Brief
Hidrovias raised to verge of IG by Fitch
Brazilian logistics firm gets two-notch upgrade after Ultrapar becomes its controlling shareholder and helps refinance debt
Posted inDaily Brief
Fitch sees limited credit risk to Fibras from CIBanco woes
Mexican real estate trusts with greater US exposure “may face additional challenges” due to sanctions on CIBanco, agency says