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Prospect News home > News index > List of issuers I > Headlines for Institucion de Banca Multiple, Grupo Financiero BBVA Bancomer > News item |
Fitch gives BBVA Mexico notes BBB
Fitch Ratings said it published an expected BBB rating for BBVA Bancomer, SA, Institucion de Banca Multiple, Grupo Financiero BBVA’s (BBVA Mexico)) proposed dollar senior unsecured global notes. The notes' amount and maturity date are yet to be determined.
The rating of BBVA Mexico's senior global notes is at the same level as the bank's long-term issuer default rating of BBB as the likelihood of the notes’ default is the same as the likelihood of default of the bank.
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