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Fitch Raises Ecuador Outlook

Oct 31, 2007

Fitch has affirmed Ecuador's CCC rating with a stale outlook after removing the credit from watch negative, to reflect a perceived reduction in the risk of a distressed debt exchange in the near term. "The government's manageable financial position...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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