Fitch Releases March Summary of Latin America Rating Actions.CHICAGO -- The following is the latest comprehensive list of Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. 64 Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. national scale rating changes for the month of March, which include: upgrades, downgrades, Outlook revisions, Watch changes and withdrawn ratings. These rating changes were previously announced via separate press releases in Spanish Spanish, river, c.150 mi (240 km) long, issuing from Spanish Lake, S Ont., Canada, NW of Sudbury, and flowing generally S through Biskotasi and Agnew lakes to Lake Huron opposite Manitoulin island. There are several hydroelectric stations on the river. or Portuguese. Fitch fitch: see polecat. upgraded the following National ratings: Estado de Mexico (Mexico) --National long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. rating upgraded to 'BBB(mex)' from 'BBB-(mex)' Rating Watch Positive. --Bank Loans BBVA BBVA Banco Bilbao Vizcaya Argentaria (First Bank of Spain) due 01 Dec 2023 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank Loan Banorte due 21 Dec 2022 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank Loans Dexia due 01 April 2021 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank Loans Inbursa due 01 March 2021 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank Loans Banorte (1) due 01 June 2011 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank Loans Banamex due 01 Dec 2023 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank Loan Banobras due 01 Dec 2025 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank Loans Banobras due 01 Dec 2024 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank loans Banobras 8 due 01 Dec 2024 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --FOREMEX due 01 Dec 2023 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --ISSSEMYM due 01 Dec 2023 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank Loans Santander due 01 Dec 2023 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. --Bank Loans Banorte due 01 June 2011 national long-term rating upgraded to 'AA-(mex)' from 'A+(mex)'. Rating actions took place on March 13, 2008 Municipio de Benito Juarez, QR (Mexico) --National long-term rating upgraded to 'BB+(mex)' Outlook Stable from 'BB(mex)' Outlook Positive. Rating actions took place on March 26, 2008 Universidad Autonoma de Nuevo Leon (Mexico) --National long-term rating upgraded to 'A+(mex)' from 'A(mex)'. Rating actions took place on March 11, 2008 Pionero Pesos (Argentina) --Series Pionero Pesos national long-term rating upgraded to 'AA-(arg)' from 'A+(arg)'. Rating actions took place on March 25, 2008 Fitch has downgraded the following ratings: Americana de Reaseguros C.A. (Venezuela) --National Insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. Financial Strength downgraded to 'BBB+(ven)' from 'A(ven)'. Rating Action took place on March 14, 2008 Banco Multiple Santa Cruz Santa Cruz, city, United States Santa Cruz (săn`tə kr  z), city (1990 pop. 49,040), seat of Santa Cruz co., W Calif., on the north shore of Monterey Bay; inc. 1866. , S.A. (Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. )
--National long-term rating downgraded to 'BBB(dom)' from 'BBB+(dom)'. --National short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. rating downgraded to 'F3(dom)' from 'F2(dom). Rating Actions took place on March 28, 2008. Coppel, S.A.B. de C.V. (Mexico) --National long-term rating downgraded to 'AA-(mex)' from 'AA(mex)'. --ALMACO 00U due 16 Jan 2013 national long-term rating downgraded to 'AA-(mex)Outlook Stable' from 'AA(mex)Outlook Stable'. --ALMCACO 03 due 19 June 2008 national long-term rating downgraded to 'AA-(mex)' Outlook Stable from 'AA(mex)' Outlook Stable. --ALMACO 05 due 10 Dec 2010 national long-term rating downgraded to 'AA-(mex)' Outlook Stable from 'AA(mex)' Outlook Stable. --ALMACO 07 due 05 April 2017 national long-term rating downgraded to 'AA-(mex)' Outlook Stable from 'AA(mex)' Outlook Stable. --ALMACO 07-2 due 08 May 2014 national long-term rating downgraded to 'AA-(mex)' Outlook Stable from 'AA(mex)' Outlook Stable. --ALMACO 06 due 14 June 2010 national long-term rating downgraded to 'AA-(mex)' Outlook Stable from 'AA(mex)' Outlook Stable. --ALMACO 99U due 01 March 2013 national long-term rating downgraded to 'AA-(mex)' Outlook Stable from 'AA(mex)' Outlook Stable. Rating actions took place on March 10, 2008. Desarrollo Firme de Negocios, S.A. de C.V. (Mexico) --National long-term rating downgraded to 'BB+(mex)' Outlook Negative from 'BBB-(mex)'; --National short-term rating downgraded to 'B(mex)' from 'F3(mex)' Rating actions took place on March 10, 2008. GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Compania Financiera S.A. (Corporate) (Mexico) --National long-term rating downgraded to 'AA-(arg)' Outlook Negative from 'AA(arg)'. --National short-term rating downgraded to 'A1(arg)' Outlook Negative from 'A1+(arg)'. --Endeudamiento de Largo Largo, town (1990 pop. 65,674), Pinellas co., W Fla., on the Pinellas peninsula and the Gulf Coast, across the bay from Tampa; settled 1853, inc. 1905. It is a packing, canning, and shipping center in a citrus fruit and fishing area. Plazo national long-term rating downgraded to 'AA-(arg)' Outlook Negative from 'AA(arg)'. --ON's Clase 2 national long-term rating downgraded to 'AA-(arg)' Outlook Negative from 'AA(arg)'. --Programa de ON's Corto y Mediano Plazo national long-term rating downgraded to 'AA-(arg)' Outlook Negative from 'AA(arg)'. --ON's Clase 1 national short-term rating downgraded to 'A1(arg)' Outlook Negative from 'A1+(arg). --Endeudamiento de Corto Plazo national short-term rating downgraded to 'A1(arg)' Rating Watch Negative from 'A1+(arg). Rating actions took place on March 28, 2008. GMAC Financiera, S.A. de C.V. (Mexico) --Prog. Dual de C.B. due 20 Dec 2008 national short-term rating downgraded to 'F2(mex)' from 'F1(mex)' Rating Watch Negative. --GMACFIN 06 due 17 Sept 2009 national long-term rating downgraded to 'BBB+(mex)' Rating Watch Negative from 'A+(mex)' Outlook Negative. --GMACFIN 07 due 14 June 2012 national long-term rating downgraded to 'BBB+(mex)' Rating Watch Negative from 'A+(mex)' Outlook Negative. Rating Actions took place on March 3, 2008. GMAC Mexicana, S.A. de C.V. (Mexico) --GMAC 07 due 14 June 2009 national short-term rating downgraded to 'F2(mex)' from 'F1(mex)'. --Certificados Bursatiles due 15 Nov 2008 national long-term rating downgraded to 'A(mex)' Rating Watch Negative from 'A+(mex)' Outlook Negative. --Certificados Bursatiles due 15 Nov 2008 national short-term rating downgraded to 'F2(mex)' from 'F1(mex)'. Rating actions took place on March 3, 2008. Gmac Hipotecaria, S.A. de C.V. (Mexico) --GMACHIP 07 due 14 June 2012 national long-term rating downgraded to 'BBB+(mex)' Rating Watch Negative from 'A+(mex)' Rating Watch Negative. --Prog. Dual de C.B. due 20 Dec 2008 national short-term rating downgraded to 'F2(mex)' from 'F1(mex) Rating Watch Negative'. --GMACHIP 06 due 17 Sept 2009 national long-term rating downgraded to 'BBB+(mex)' Rating Watch Negative from 'A+(mex)' Rating Watch Negative. --Rating Actions took place on March 3, 2008. Urbi Desarrollos Urbanos, S.A.B. de C.V. (Corporate) (Mexico) --National long-term rating downgraded to 'A(mex)' Outlook Stable from 'A+(mex)'. --National short-term rating downgraded to 'F2(mex)' from 'F1(mex)'. --URBI 03 due 28 June 2008 national long-term rating downgraded to 'A(mex)' from 'A+(mex)'. --URBI 05 due 19 Jan 2010 national long-term rating downgraded to 'A(mex)' from 'A+(mex)'. --URBI 07 due 27 Sept 2010 national long-term rating downgraded to 'A(mex)' from 'A+(mex)'. --Prog. de C.B. de C.P. due 20 Dec 2011 national short-term rating downgraded to 'F2(mex)' from 'F1(mex)'. --Rating Actions took place on March 28, 2008. Fitch made the following Outlook Revisions and Rating Watch changes: Municipio de Zapotlan el Grande This article is about the board game. For the Spanish nobles, see Grandee El Grande is a German-style board game for 2-5 players, designed by Wolfgang Kramer and Richard Ulrich, and published in 1995 by Hans im Glück in German, by Rio Grande Games in English and by 999 , Jal (Mexico) --Rating Outlook revised to 'BBB-(mex)' Outlook Positive from 'BBB-(mex)' Outlook Stable. --Rating actions took place on March 13, 2008 Farmacias Ahumada S Ahumada is a Spanish surname, it could refer to: People
--Rating Watch changed to 'A-(chl)' Outlook Stable from 'A-(chl)' Rating Watch Negative. --senior unsecured bonds Noun 1. unsecured bond - the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future debenture, debenture bond due 28 Aug 2014 Rating Watch changed to 'A-(chl)' from 'A-(chl)' Rating Watch Negative. --senior unsecured bonds due 28 Aug 2025 Rating Watch changed to 'A-(chl)' from 'A-(chl)' Rating Watch Negative. Rating actions took place March 10, 2008 Transportadora de Gas del Norte S Del Norte can refer to multiple things:
TGN Tarragona (Catalonia, Spain) TGN Thesaurus of Geographic Names TGN The Good News (Catholic Diocese of Kalamazoo newspaper) TGn Task Group N (IEEE) ) (Argentina) --Outlook revised to 'A-(arg)' Outlook Negative from 'A-(arg)' Outlook Stable. Rating actions took place on March 28, 2008 Companhia de Concessoes Rodoviarias (CCR 1. CCR - condition code register. 2. CCR - (Database) concurrency control and recovery. ) (Brazil) --Rating Watch changed to 'A+(bra)' Rating Watch Negative from 'A+(bra)' Outlook Stable. --Senior unsecured Unsecured A loan or equity interest that is given without any guarantee of payment, performance, satisfaction or opportunity for return from the recipient. No property, interest or security is used as collateral in either a guarantee or a pledge. debentures due 01 March 2011 'A+(bra)' Rating Watch Negative from 'A+(bra)'. Rating actions took place on March 17, 2008. Fitch affirmed af·firm v. af·firmed, af·firm·ing, af·firms v.tr. 1. To declare positively or firmly; maintain to be true. 2. To support or uphold the validity of; confirm. v.intr. and withdrew the following ratings: Securitizadora Security GMAC-RFC S.A (Chile) --Series 2000-1 A national long-term rating of 'BBB(chl)'; --Series 2000-1 B national long-term rating of 'C(chl)'. Rating actions took place on March 3, 2008 Additional information on these rating actions can be found on: Fitch Ratings www.fitchratings.com Fitch Argentina www.fitchratings.com.ar Fitch Brazil www.fitchratings.com.br Fitch Chile www.fitchratings.cl Fitch Mexico www.fitchmexico.com Fitch Venezuela www.fitchvenezuela.com Fitch Dominican Republic www.fitchdominicana.com National Ratings are an assessment of credit quality relative to the rating of the 'best' credit risk in a country. This 'best' risk will normally, although not always, be assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. to all financial commitments issued or guaranteed by the sovereign state SOVEREIGN STATE. One which governs itself independently of any foreign power. . Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site. |
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