Fitch affirms El Puerto de Liverpool

Fitch Ratings said it affirmed El Puerto de Liverpool, SAB de CV's issuer default rating at BBB+.

The outlook is stable.

El Puerto de Liverpool’s ratings reflect the company's leading business position in Mexico, geographic diversification within the country and different store formats, all of which support its consistently positive operating cash flow generation and ample financial flexibility, the agency said.

In addition, its consumer finance division and real estate portfolio strengthen its existing retail operations, Fitch added.

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