Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Corporacion Nacional del Cobre de Chile > News item |
Fitch takes action on Chilean issuers
Fitch Ratings said it affirmed Corporacion Nacional del Cobre de Chile’s (Codelco) long-term foreign-currency issuer default rating at A- and downgraded the local-currency IDR to A from A. Simultaneously, Fitch affirmed Codelco’s senior unsecured debt at A-. The outlook is stable.
Fitch also downgraded Empresa Nacional del Petroleo’s (ENAP) long-term foreign-currency IDR to A- from A and senior unsecured debt to A- from A. Fitch revised to stable from negative, which mirrors Fitch’s recent revision of the Chilean sovereign ratings.
The changes follow Fitch’s downgrade of Chile’s ratings and outlook revision to stable from negative.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.