S&P ups Vision counterparty to B-

Standard & Poor' s said it raised its counterparty credit rating on Vision SA de Finanzas F.C.A. (Vision) to B- from CCC.

The outlook is stable.

S&P said the upgrade reflects the company's enhanced financial flexibility as a result of the incorporation of a new shareholder, Acción Investments in Microfinance SPC, by which Visión has significantly improved its capitalization ratios and thus addressed one of the company's main weaknesses.

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