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Prospect News home > News index > List of issuers E > Headlines for Empresas Publicas de Medellin ESP > News item |
Fitch rates Empresas Publicas BB+, BBB-
Fitch Ratings said it assigned Empresas Publicas de Medellin ESP a foreign-currency issuer default rating of BB+ and local-currency issuer default rating of BBB-.
The outlook is stable.
The ratings reflect the company's leading market position as Medellin's metropolitan area utility services provider, the agency said.
The ratings also reflect the company's solid financial profile and its aggressive growth strategy as well as its exposure to regulatory changes and political interference, Fitch said.
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