News Column

Fitch Publishes Special Report on Sovereign Ownership Impact on Latam Corporates

June 10, 2014



CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has published its special report, Sovereign Ownership Impact on Latam Corporates - Major State Ownership of Energy Companies and Utilities in the Region.

The report provides details on 20 corporates in Latin America that are State-owned enterprises (SOE) and the rating approaches taken with respect to Fitch's perceived level of sovereign support of each SOE.

Of the 20 SOEs, 10 companies operate in the electric-power sector, and seven in oil and gas. The report also discusses the potential credit uplift or discount resulting from linkage to the sovereign.

The report is available at www.fitchratings.com or by clicking the link above.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: Sovereign Ownership Impact on Latam Corporates (Major State Ownership of Energy Companies and Utilities in the Region)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=749960

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.



Fitch Ratings

Jay Djemal

Director

+1-312-368-3134

70 W Madison Street

Chicago, IL 60602

or

Lucas Aristizabal

Senior Director

+1-312-368-3260

or

Daniel Kastholm, CFA

Managing Director, Regional Group Head

+1-312-368-2070

or

Media Relations

Elizabeth Fogerty, New York, Tel: +1-212-908-0526

elizabeth.fogerty@fitchratings.com

Source: Fitch Ratings


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Business Wire


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters