Fitch affirms Alicorp

Fitch Ratings said it affirmed the BBB long-term foreign and local currency issuer default ratings of Alicorp SAA.

Fitch also affirmed Alicorp's senior unsecured notes at BBB.

The outlook is stable.

“Alicorp's BBB ratings reflect the company's strong market position in the Peruvian consumer products industry as a result of its leading brands, broad product portfolio, and extensive distribution network,” the agency said in a news release.

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