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Prospect News home > News index > List of issuers L > Headlines for Libramiento de Matehuala > News item
Published on 6/30/2008 in the Prospect News Emerging Markets Daily.

S&P: Libramiento de Matehuala units on watch

Standard & Poor's said it placed its BBB senior secured debt rating on Libramiento de Matehuala's issue of Ps. 550 million bonds due 2032 denominated in inflation-protected units on CreditWatch with negative implications.

At the same time, S&P said it placed its BBB underlying risk and its long-term mxAAA national scale rating on CreditWatch with negative implications.

The agency noted that the CreditWatch reflects the recent proposal by Libramiento de Matehuala's concessionaire to make significant changes to its financial structure.


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