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Fitch Updates Rating Criteria for Latin American Trustees and Common Representatives

NEW YORK & MONTERREY, Mexico--(BUSINESS WIRE)--

Fitch Ratings has updated the criteria report 'Latin American Trustees and Common Representatives'.

This criteria report covers rating drivers for national-scale ratings for trustees and common representatives in Latin America. These ratings assess an entity's operational ability to perform the duties associated with such a function; but they are not credit ratings.

This report updates and replaces the prior criteria report 'Trustee and Common Representative Services in Mexico,' dated March 27, 2006. Changes relate to further details and clarifications on the key rating factors assessed and the introduction of rating outlooks and watches for these ratings.

This criteria update does not result in any rating changes, but Fitch will gradually assign outlooks or watches to its outstanding Latin American trustee and common representative ratings.

Additional information is available at www.fitchratings.com

Applicable Criteria and Related Research:

-- 'Global Financial Institutions Rating Criteria' (Aug. 15, 2012);

-- 'National Ratings Criteria' (Jan. 19, 2011).

Applicable Criteria and Related Research:

Global Financial Institutions Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=686181

National Ratings Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=595885

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 Ratings
Franklin Santarelli, +1 212-908-0739
Managing Director
Fitch, Inc.
One State Street Plaza
New York, NY 10004
or
Alejandro Garcia, CFA, +52 81 8399 9146
Senior Director
Fitch Mexico SA de CV
Prol. Alfonso Reyes 2612, Edificio Connexity Piso 8
Col. Del Paseo Residencial
64920 Monterrey, N.L., Mexico
or
Maria Fernanda Lopez, +54 11 5235 8130
Director
Sarmiento 663 - piso 7 - C1041AAM
Buenos Aires, Argentina
or
Media Relations:
Elizabeth Fogerty, New York, +1 212-908-0526
elizabeth.fogerty@fitchratings.com

 

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