Fitch moves towards possible multi-cédulas cuts
Wednesday, February 3, 2010
Fitch yesterday (Tuesday) placed on rating watch negative 48 of the 54 multi-cédulas it put under analysis in December and affirmed the remaining six at AAA. In the absence of remedial action, the issues placed on rating watch negative are in the majority of cases likely to be cut to between AA+ and AA-, said the rating agency.
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