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S&P changes Axtel view
S&P said it revised Axtel SAB de CV’s outlook to positive from stable on improving leverage.
The BB ratings were affirmed.
“Mexico-based information and communication technology (ITC) services provider, Axtel SAB de CV, reported stronger-than-expected results during 2019, given its divestments and operational reorganization,” the agency said in a news release.
“As a result, we revised our financial risk profile on the company to significant from aggressive.”
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