Fitch downgrades Mexico's Unifin on announced debt service cessation

Fitch Ratings downgraded on Wednesday Mexican leasing firm Unifin's (UNIFINA.MX) 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.

Related Posts
Commnets
or

For faster login or register use your social account.

Connect with Facebook