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Moody's Chops Su Casita Debt

Oct 11, 2010

Moody'as has downgraded the ratings of Mexico mortgage lender Hipotecaria Su Casita's senior unsecured debt and global scale local currency to Ca from Caa2. The ratings are...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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