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Published on 8/13/2019 in the Prospect News Emerging Markets Daily.

Fitch gives Unifin notes BB

Fitch Ratings said it gave a final BB rating to Unifin Financiera SAB de CV’s $200 million of notes due 2022. The rating is in line with the expected rating given on Aug. 8.

The rating is the same as Unifin’s long-term issuer default rating as the likelihood of default is the same as Unifin’s, Fitch said.

Proceeds will be used to refinance liabilities.


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