Fitch Chops Javer to B Minus

Fitch Chops Javer to B Minus

Mexico Corporate & Sovereign Strategy

Fitch has chopped the ratings of Mexico-based homebuilder Javer to B from B minus. The outlook is stable. The downgrade reflects Javer's increased leverage as a result of lower cashflow generation, measured by Ebitda, as well as the view that the com

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