Outlook Update

Fitch: Negative Headwinds Building for Mexican Corporates

Date:

Fitch: Negative Headwinds Building for Mexican Corporates

Author: Fórmate a Fondo

  1. Fitch Ratings has published a special report titled 'Mexican Corporates Rating Outlook Update'
  2. As of May 15, 2015, 86% of issuers have Stable Outlooks, 5% Positive and 9% Negative. Increased M&A activity has pressured ratings, as the vast majority of acquisitions have been funded with debt
  3. Good performance by exporters along with a better environment for consumption than the previous year balance against lower oil prices and sluggish economic growth