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Prospect News home > News index > List of issuers E > Headlines for Empresa de Transporte de Pasajeros Metro SA > News item |
S&P lowers Metro to AA-
Standard & Poor's said it lowered its local currency issuer credit rating on Empresa de Transporte de Pasajeros Metro SA to AA- from AA.
The foreign currency issuer credit rating and the rating on the proposed 10-year Rule 144A Reg S notes for up to $500 million are not affected.
The downgrade follows a Jan. 17 correction that S&P made to the criteria, "Rating Government-Related Entities: Methodology And Assumptions," originally published Dec. 9, 2010.
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