IMF deal will likely unlock additional funding from multilateral banks, agency says
Category: Fitch Ratings
Posted inDaily Brief
Fitch moves BRF closer to investment grade
Ratings agency ugprades Brazilian meat company on expectations of higher earnings and positive cash flow
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Cemex regains investment grade rating from Fitch
Cement maker is now rated BBB- by two of the three main rating agencies
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S&P cuts Peru rating to cusp of junk
Firm lowers country to lowest investment grade amid political malaise, while Fitch affirms negative outlook on its rating
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Panama cut to junk by Fitch
Ratings agency strips sovereign of investment grade due to growing fiscal deficits and closure of country’s biggest mine
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Fitch downgrades Banco Azteca on governance risks
Agency says “weak” corporate governance practices at Grupo Salinas expose lender to greater risk
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Canacol Energy sinks deeper into junk
Fitch cuts oil and gas company’s rating by two notches on lower reserves and higher debt leverage
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Molymet cut to lowest investment grade
Rating agency downgrades Chilean molybdenum producer despite positive price outlook
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Credivalores initiates exchange offer
Colombian financial services company looks to swap its 2025s for new step-up 2029 notes
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Fitch bumps up Jamaica rating
Fitch follows S&P’s lead in putting country three steps below investment grade