Fitch Ratings has published its special report 'Capital Markets Remain Crucial for Mexican Corporates'.
In Fitch's opinion Mexican Corporates show strong liquidity, extended debt maturity profiles and an ease of refinancing that has allowed them to obtain debt with favorable tenors, low rates, and less restrictions on collateral. However the funding diversification that the local market can provide can't be reached by low rated entities.
The report provides an aggregate insight of national scale rated Mexican Corporates trends regarding funding alternatives, capital structures and liquidity positions per rating category. It also discusses the domestic market activity and issuer accessibility of the debt local market.
The full report is available at http://www.fitchratings.com
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: Capital Markets Remain Crucial for Mexican Corporates (Active Local Market Not an Option for Weak Credits)
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=861318
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.
