Fitch Teleconference Today: Brazil Downgrade, 11:00 a.m. EDT.Business Editors 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. will host a teleconference today June 27, at 11:00 a.m.(EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT ) to discuss the recent downgrade Downgrade A negative change in the rating of a security. Notes: For example, an analyst may downgrade a stock from strong buy to buy, or a bond rating agency may downgrade a bond from AAA to AA. of Brazil. Roger M. Scher (head of Latin American Sovereign Ratings at Fitch Ratings, Peter V.A. Shaw (Head of 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. Bank Ratings) and Daniel R. Kastholm (Head of Latin America Corporate Ratings) will host the call focusing on Brazil's sovereign foreign currency rating downgrade to 'B+' and its implications for Brazilian Banks and Brazilian Corporate Credits. The local currency (Brazilian real The real (IPA: [xe'aw] or [ʁe'aɫ], symbol: R$, ISO 4217 code: BRL, plural: reais) is the currency of Brazil. It is also the name of the earliest Brazilian currency (see from the Colonial period to 1942. ) rating was kept at 'B+', however the Rating Outlook is Negative. Senior Fitch structured finance analysts will also be available on the call. Domestic participants should call 1-877-897-0442 and international participants should dial 1-706-643-7396 five minutes prior to the 11:00 a.m. (EDT) start time and give the title of the call-Fitch/Brazil. To ensure that sufficient telephone lines are available for all companies, we would appreciate you using internal conferencing capabilities, if possible, to accommodate multiple listeners at your location. Interested parties who are not available for the teleconference will be able to hear a replay of the call starting on Thursday June 27th at 3:00 p.m.(EDT) until Monday July 8th at 11:59 p.m.(EDT). Domestic listeners should dial 1-800-642-1687 and international listeners should dial 1-706-645-9291 and use the access code 4699268. |
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