S&P revises Grupo Sura view to negative

S&P said it revised its outlook for Grupo de Inversiones Suramericana SA (Grupo Sura) to negative from stable and affirmed its BB+ issuer rating.

The agency said it links Grupo Sura’s rating and outlook to Colombia’s because the company is heavily invested in the country.

On Thursday, the agency revised its outlook for Colombia to negative and affirmed its BB+ foreign-currency and BBB- local-currency issuer ratings.

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