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Fitch revises six Brazilian governments view to negative
Fitch Ratings said it revised the outlooks of six local and regional governments in Brazil to negative from stable. The agency affirmed their issuer default ratings at BB-.
The issuers are the State of Sao Paulo; the Municipality of Sao Paulo, state of Maranhao, state of Santa Catarina, state of Parana and the State of Rio de Janeiro.
The revisions follow the May 5 revision of the outlook on Brazil, Fitch said.
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