Fitch gives Nafin notes BBB+/AAA(mex)

Fitch Ratings said it rated the third reopening of Nacional Financiera SNC's (Nafin) senior unsecured notes due 2026 BBB+/AAA(mex).

The notes will be held jointly with the local long-term senior unsecured NAFR 210423 notes.

Fitch said the BBB+ rating reflects that these are senior unsecured obligations of Nafin that rank pari passu with its other senior debt and, therefore, the rating is aligned with the company's long- and short-term issuer default ratings.

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