News Column

Fitch Ratings Publishes 2014 Mexican Comparative Statistics Report

June 17, 2014



MONTERREY, Mexico--(BUSINESS WIRE)-- Fitch Ratings has published its 2014 'Mexican Comparative Statistics Special Report'. This report provides the key credit metrics for 46 Mexican corporates that have National Scale ratings. The data has been grouped by rating category and includes median credit protection measures, as well as individual company financial statistics.

Fitch's corporate ratings make use of both qualitative and quantitative analyses to assess the business and financial risks of fixed-income issuers and their individual debt issues. The qualitative aspect of Fitch's corporate ratings focuses on the issuer's policies in relation to operating strategies, acquisitions and divestitures, financial leverage targets, dividend policies, and financial goals. Paramount to the analysis is the issuer's ability to generate cash, which is reflected by the ratios that measure profitability and coverage on a cash flow basis. The sustainability of these credit protection measures is evaluated over a period of time to determine the strength of an issuer's operations, competitive position, and funding ability. The national scale ratings of Mexico with suffix (mex), reflect an indication of creditworthiness relative to the best credit quality of the country.

The special report 'Mexican Comparative Statistics Book - 2014' is available on Fitch's web site 'www.fitchratings.com', or by clicking on the link. This report represents an ongoing effort by Fitch to provide investors with tools and key detailed company profile information in order to make insightful credit judgments in a region with diverse risks.

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

Applicable Criteria and Related Research: Mexican Comparative Statistics Book - 2014

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=750435

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

Diana Cantu, +52 (81) 8399 9100

Analyst

Fitch Mexico S.A. de C.V.

Prol. Alfonso Reyes 2612

Edificio Connexity

Monterrey, N.L.

or

Vela Valdes, +52 (81) 8399 9100

Analyst

or

Media Relations:

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

elizabeth.fogerty@fitchratings.com

Source: Fitch Ratings


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