Fitch Ratings

Brazilian bank profits may fall after election

Corporate & Sovereign Strategy Economy & Policy Brazil

Bank of America executive says an increased role for state-owned lenders could erode earnings in the sector, but not everyone shares the same concerns

Fitch drops AySA deeper into junk territory

Bonds Debt Fixed Income

Argentine water company's ratings fall to CC on expectations of a "distressed debt exchange" by February, rating agency says

Fitch upgrades Hipotecario

Credit Ratings Fitch Ratings Upgrade

Ratings agency gives the Argentine lender a CCC- on lower debt and higher earnings

Investors shrug off downgrades for El Salvador, Chile  

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings

Bond buyers say the moves were expected as Fitch drops El Salvador to CCC and Moody's cuts Chile to A2

Fitch ranks Córdoba above sovereign

Credit Ratings Fitch Ratings Upgrade

Rating agency upgrades the Argentine province to CCC+ and says it has no need to refinance debt in the next two years

Gtd lines up local bond sale

Bonds Debt Fixed Income

Chilean telco holding company plans to raise $74 mln to refinance debt

Fitch downgrades Mexarrend

Corporate & Sovereign Strategy Bonds Credit Ratings

Rating agency cuts Mexican asset-based lender to Ba1 on concerns it cannot pay bonds that mature in 2024

Fitch downgrades Petroperú again

Corporate & Sovereign Strategy Bonds Debt

Rating agency cuts Peru's state-owned oil refiner to BB+ on concerns it cannot pay back outstanding loans

Fitch ranks CMPC owners as investment grade

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings

Rating agency assigns a BBB to Pasur and Minera Valparaíso on stable returns from "strong" investments

Unifin suffers downgrades after halting debt payments

Credit Ratings S&P Global Fitch Ratings

S&P, Fitch and PCR Verum cut the Mexican non-bank lender's ratings after it warns of missing bond payments

Fitch downgrades Enel Américas

Credit Ratings Fitch Ratings Downgrade

Rating agency cuts the Italian utility company's Santiago-based subsidiary to BBB+ due to "exposure" to non-investment grade markets

LatAm sovereign bond sales fall in first half

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings

External issues drop to $20 bln as issuers rely more on local markets and multilateral lenders, Fitch says

Fitch upgrades Cencosud after acquisitions

Credit Ratings Fitch Ratings Upgrade

Chilean retailer's ratings rise to BBB as it incorporates recent deals in Brazil and the United States

Fitch improves outlook for Brazil

Credit Ratings Fitch Ratings Debt

Rating agency applauds the government for posting the first primary fiscal surplus since 2013

Fitch ranks Simpar above Brazil

Corporate & Sovereign Strategy Debt Equity

Rating agency upgrades the Brazilian holding company to BB on rising revenues and greater scale