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S&P affirms MBIA Mexico
Standard & Poor's said it affirmed its ratings on MBIA Mexico SA de CV and removed them from CreditWatch negative, where they were placed on Jan. 31.
The outlook is negative.
At the same time, the agency said it affirmed its mxAAA national-scale rating on MBIA Mexico.
The outlook on the national-scale rating remains stable.
The rating actions reflect those on MBIA Mexico's parent MBIA Insurance Corp.
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