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Fitch ups Enersis, outlook to positive
Fitch Ratings said it affirmed the international local and foreign currency ratings of Enersis SA at BBB- and revised the outlook to positive.
Fitch also upgraded the long-term national scale corporate rating to A+(chl) from A(chl) with a stable outlook.
The ratings and positive outlook on the international ratings, as well as the upgrade of the national scale rating of Enersis, reflect the sustained improvements in credit protection measures since completing the financial strengthening plan in 2003 and early 2004 to levels more consistent with an A+(chl).
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