Fitch: Sigma Alimentos on watch

Fitch Ratings said it has placed on rating watch negative the following ratings of Sigma Alimentos, SA de CV:

• Foreign currency issuer default rating of BBB-; local currency issuer default rating of BBB-; -$450 million senior notes due 2018 of BBB-; and

• $250 million senior notes due 2019 of BBB-. National-scale long-term rating of AA(mex); and local certificados bursatiles issuances of AA(mex).

These rating actions follow Sigma's announcement that it has filed a tender offer for 100% of the equity shares of Campofrio Food Group, SA, the agency stated.

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