Agency reaffirms country’s credit rating, warns trade tensions with US “could leave Mexico vulnerable” should Trump win election
Category: Fitch Ratings
Posted inDaily Brief
ICE lines up bond program in Costa Rica
Costa Rican state-owned utility to sell notes in US dollars or colones in local market, Fitch says
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Fitch cuts Andrade Gutierrez to CC
Ratings agency says Brazilian infrastructure firm has “very high level of credit risk”
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Bolivia closer to default after coup attempt: Fitch
Economic turmoil makes the country “highly vulnerable” to political shocks, Fitch analyst says
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Brazilian firms face better financing conditions, but not all sectors
Ample local liquidity is helping corporates to roll over debt as interest rates, which still high, come down, Fitch says
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Fitch downgrades Frigorífico Concepción
A lack of transparency could limit the Paraguayan meatpackers’ fundraising and boost debt costs, the rating agency warns
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Fitch downgrades Petroperú as default risks grow
Three-notch rating cut comes despite assurances from government that it will continue to support state oil company
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Fitch cuts Canacol Energy to CCC
Oil and gas company’s rating lowered by three notches as cash position dwindles
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Ecuador’s new IMF deal eases financial risk – Fitch
IMF deal will likely unlock additional funding from multilateral banks, agency says
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Fitch moves BRF closer to investment grade
Ratings agency ugprades Brazilian meat company on expectations of higher earnings and positive cash flow