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Published on 4/24/2020 in the Prospect News Emerging Markets Daily.

Fitch acts on Latin American airports

Fitch Ratings said it conducted another portfolio review of Latin American airports to reflect concerns about the effects of the coronavirus on air travel.

The agency downgraded ACI Airport SudAmerica, SA to BB from BBB-.

Fitch placed Sociedad Concesionaria Operadora Aeroportuaria Internacional’s BBB- rating on rating watch negative.

The agency lowered Aeropuerto Internacional de Tocumen, SA to BBB- from BBB.

Fitch also downgraded Grupo Aeroportuario de la Ciudad de Mexico, SA de CV to BBB- from BBB.

Finally, the agency affirmed the ratings of International Airport Finance SA and Grupo Aeroportuario del Centro Norte, SAB de CV.


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