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Fitch Withdraws Ratings of Aguas Argentinas S.A.


BUENOS AIRES Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , Argentina -- 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.
 has withdrawn the 'DD' international foreign currency and local currency ratings of Aguas Argentinas S.A., consistent with Fitch's policies. Fitch will no longer provide ratings or analytical coverage of the issuer.

Aguas Argentinas is the sole provider of potable potable /pot·a·ble/ (po´tah-b'l) fit to drink.

po·ta·ble
adj.
Fit to drink; drinkable.



potable

fit to drink.
 water and sewerage services in the City of Buenos Aires and 17 surrounding districts. Aguas is 35%-owned and operated by Suez Lyonnaise ly·on·naise  
adj.
Cooked with onions: lyonnaise potatoes; potatoes lyonnaise.



[From French (à la) Lyonnaise, (in the manner) of Lyon, from Lyon.
 des Eaux S.A. (Lyonnaise), a leading French water services and construction group.
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Publication:Business Wire
Geographic Code:3ARGE
Date:Mar 18, 2005
Words:81
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