Fitch downgrades Mexico's Unifin on announced debt service cessation
Tweet
Share
E-mail
FILE PHOTO: The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016. REUTERS/Reinhard Krause
MEXICO CITY (Reuters) - Fitch Ratings downgraded on Wednesday Mexican leasing firm Unifin's long- and short-term foreign and local currency issuer default ratings (IDRs) to 'C' and 'C' from 'BB-' and 'B' respectively, according to a statement.
Shares in Unifin plummeted 40% during the day's session.
(Reporting by Valentine Hilaire)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Russia downs 180 drones in Moscow region overnight, mayor says
- Australia's EQT Holdings gets $468 million takeover proposal from TPG Global
- Citadel Securities urges SEC to reconsider proposal to scrap key stock-trading rule
Create E-mail Alert Related Categories
ReutersRelated Entities
Fitch RatingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
