Fitch acts on Argentine corporates

Fitch Ratings said it took actions on the following corporate issuers as a result of the revision in Argentina's outlook to positive from stable:

• AES Argentina Generacion SA: foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB-, stable and long-term senior unsecured notes due 2024 affirmed at B+/RR3;

• Albanesi SA: foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable and local currency long-term issuer default rating affirmed at BB-, stable;

• Arcor SAIC: foreign currency long-term issuer default rating affirmed at B+, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB, stable and long-term senior unsecured notes due 2023 affirmed at BB-/RR3;

• Cablevision SA: foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB-, stable and long-term senior unsecured notes due 2021 affirmed at B+/RR3;

• Capex SA: foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB-, stable and long-term senior unsecured notes due 2024 affirmed at B+/RR3;

• Compania Latinoamericana de Infraestructura y Servicios SA (CLISA): foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB-, outlook revised to positive from stable and long-term senior unsecured notes due 2019 and 2023 affirmed at B/RR4;

• Genneia SA: foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB-, stable and long-term senior unsecured notes due 2022 affirmed at B+/RR3;

• Inversiones y Representaciones SA: foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB-, stable and long-term senior unsecured notes due 2020 affirmed at B+/RR3;

• IRSA Propiedades Comerciales SA: foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB-, stable and long-term senior unsecured notes due 2023 affirmed at B+/RR3;

• Pampa Energia SA: foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB-, stable and long-term senior unsecured notes due 2027 affirmed at B+/RR3;

• Pan American Energy LLC: foreign currency long-term issuer default rating affirmed at B+, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at BB, stable; and

• YPF SA: foreign currency long-term issuer default rating affirmed at B, outlook revised to positive from stable; local currency long-term issuer default rating affirmed at B, outlook revised to positive from stable and long-term senior unsecured notes affirmed at B/RR4.

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