We at Fitch Solutions have revised down our real GDP growth forecast for Mexico in 2020, as a number of risks related to the global Covid-19 (coronavirus) outbreak play out. We now forecast real GDP growth of -0.2% y-o-y, a second-consecutive year of contraction after -0.1% growth in 2019. This is down from our previous forecast of 1.0%. Mexico City (AFP) - The financial assessment agency Fitch Ratings downgraded Mexico state oil company Mexican Petroleum (Pemex) from BBB- to BB+ Thursday, while Moody's revised its outlook rating from stable to negative. BB+ is considered a junk rating because of the struggling company's heightened risk of not paying its debt.

In almost simultaneous announcements, Fitch Ratings cut its credit rating for Mexico while Moody’s Investors Service shifted its outlook to negative, both warning that the state-owned oil company’s ballooning debt is a risk to public finances amid weaker growth. Fitch downgraded Mexico to BBB from BBB+, two notches above investment grade. Fitch Downgrades Mexico’s Sovereign Rating Credit-ratings firm cites Pemex, the economy and trade threats from U.S. MEXICO CITY (Reuters) - Rating agency Fitch downgraded the credit rating of Mexican state oil company Pemex on Tuesday, sending the peso currency falling in early trading in Asian markets. Mexico’s deputy finance minister said the downgrade didn’t come as a surprise and that the country’s sovereign rating was not at risk. - Fitch Ratings is broadcasting a live webcast of its panel discussion in New York with senior analysts from the Latin America group to discuss the economic prospects and challenges that Mexico faces in 2019. Rating: Mexico Credit Rating 2020. Long term Rating Short term Rating; Foreign currency Local currency Foreign currency

Fitch Ratings Wins 2 Structured Finance Awards; Named Best in Financial Institutions & Public Finance. Fitch Ratings has been recognized as the best rating agency for structured finance at FinanceAsia's annual 2019 achievement awards and was also voted Australian structured finance rating agency of the year by KangaNews.

We at Fitch Solutions have revised down our real GDP growth forecast for Mexico in 2020, as a number of risks related to the global Covid-19 (coronavirus) outbreak play out. We now forecast real GDP growth of -0.2% y-o-y, a second-consecutive year of contraction after -0.1% growth in 2019. This is down from our previous forecast of 1.0%. Mexico City (AFP) - The financial assessment agency Fitch Ratings downgraded Mexico state oil company Mexican Petroleum (Pemex) from BBB- to BB+ Thursday, while Moody's revised its outlook rating from stable to negative. BB+ is considered a junk rating because of the struggling company's heightened risk of not paying its debt. 2020 Credit Outlook Mexico - A medida que entramos en una nueva década llena de nuevos riesgos y oportunidades, un escenario geopolítico fluido y un ciclo crediticio en agotamiento, la perspectiva de Fitch ofrece una visión crediticia exhaustiva para 2020 y más allá. Iniciaremos el día con nuestra perspectiva global macro y soberana, una revisión de los riesgos más importantes que Latin American Banking Sector Vulnerabilities. Fitch Ratings believes that the five largest banking systems in Latin America (Brazil, Chile, Colombia, Mexico and Peru) are better placed to manage risk in the event of a global financial and economic downturn similar to that experienced in 2008–2010. Fitch Ratings Wins 2 Structured Finance Awards; Named Best in Financial Institutions & Public Finance. Fitch Ratings has been recognized as the best rating agency for structured finance at FinanceAsia's annual 2019 achievement awards and was also voted Australian structured finance rating agency of the year by KangaNews.

Fitch Downgrades Mexico’s Sovereign Rating Credit-ratings firm cites Pemex, the economy and trade threats from U.S.

Mexico City (AFP) - The financial assessment agency Fitch Ratings downgraded Mexico state oil company Mexican Petroleum (Pemex) from BBB- to BB+ Thursday, while Moody's revised its outlook rating from stable to negative. BB+ is considered a junk rating because of the struggling company's heightened risk of not paying its debt. 2020 Credit Outlook Mexico - A medida que entramos en una nueva década llena de nuevos riesgos y oportunidades, un escenario geopolítico fluido y un ciclo crediticio en agotamiento, la perspectiva de Fitch ofrece una visión crediticia exhaustiva para 2020 y más allá. Iniciaremos el día con nuestra perspectiva global macro y soberana, una revisión de los riesgos más importantes que Latin American Banking Sector Vulnerabilities. Fitch Ratings believes that the five largest banking systems in Latin America (Brazil, Chile, Colombia, Mexico and Peru) are better placed to manage risk in the event of a global financial and economic downturn similar to that experienced in 2008–2010. Fitch Ratings Wins 2 Structured Finance Awards; Named Best in Financial Institutions & Public Finance. Fitch Ratings has been recognized as the best rating agency for structured finance at FinanceAsia's annual 2019 achievement awards and was also voted Australian structured finance rating agency of the year by KangaNews. In a double blow for Mexico , credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday, citing risks posed by heavily indebted oil company Pemex and trade tensions, while Moody’s lowered its outlook to negative. The Mexican peso weakened as

Latin American Banking Sector Vulnerabilities. Fitch Ratings believes that the five largest banking systems in Latin America (Brazil, Chile, Colombia, Mexico and Peru) are better placed to manage risk in the event of a global financial and economic downturn similar to that experienced in 2008–2010.

Jun 5, 2019 Fitch Ratings lowered Mexico's sovereign debt rating, saying the deteriorating credit profile at Pemex weighs on government finances while the  Jun 5, 2019 In a double blow for Mexico, credit ratings agency Fitch downgraded the nation's sovereign debt rating on Wednesday, citing risks posed by  y recientemente exacerbado por la baja en los precios del petróleo, tiene diversas consecuencias para las empresas latinoamericanas, según Fitch Ratings. Rating: Mexico Credit Rating 2020. Moody's; S&P; Fitch. Rating Moody's Mexico Date, Rating(Outlook), Date, Rating, Date, Rating, Date, Rating 

For Fitch, a bond is considered investment grade if its credit rating is BBB- or higher. Bonds rated BB+ and below are considered to be 

Fitch Ratings expects a mild economic recovery for Latin America in 2020 although Argentina are not on Negative Outlook, Mexico was downgraded in June,  Jun 5, 2019 In almost simultaneous announcements, Fitch Ratings cut its credit rating for Mexico while Moody's Investors Service shifted its outlook to  Rating: Calificación de la deuda de México 2020. Moody's; S&P; Fitch. Rating Moody's México. Rating Largo plazo, Rating Corto plazo. Moneda extranjera  This page details the ratings awarded to the Company by the following credit rating agencies: Dominion Bond Rating Service (henceforth "DBRS"), Fitch Ratings  Sep 11, 2019 Fitch Ratings-Mexico City-11 September 2019: Fitch Ratings has affirmed Grupo Famsa, S.A.B. de. C.V.'s ratings and revised the Rating Outlook  Jun 7, 2019 MEXICO CITY - The financial assessment agency Fitch Ratings downgraded Mexico state oil company Mexican Petroleum (Pemex) from BBB-  Fitch Ratings, Inc. HR Ratings de México, S.A. de C.V.. Japan Credit Rating Agency, Ltd.

We at Fitch Solutions have revised down our real GDP growth forecast for Mexico in 2020, as a number of risks related to the global Covid-19 (coronavirus) outbreak play out. We now forecast real GDP growth of -0.2% y-o-y, a second-consecutive year of contraction after -0.1% growth in 2019. This is down from our previous forecast of 1.0%. Mexico City (AFP) - The financial assessment agency Fitch Ratings downgraded Mexico state oil company Mexican Petroleum (Pemex) from BBB- to BB+ Thursday, while Moody's revised its outlook rating from stable to negative. BB+ is considered a junk rating because of the struggling company's heightened risk of not paying its debt. 2020 Credit Outlook Mexico - A medida que entramos en una nueva década llena de nuevos riesgos y oportunidades, un escenario geopolítico fluido y un ciclo crediticio en agotamiento, la perspectiva de Fitch ofrece una visión crediticia exhaustiva para 2020 y más allá. Iniciaremos el día con nuestra perspectiva global macro y soberana, una revisión de los riesgos más importantes que Latin American Banking Sector Vulnerabilities. Fitch Ratings believes that the five largest banking systems in Latin America (Brazil, Chile, Colombia, Mexico and Peru) are better placed to manage risk in the event of a global financial and economic downturn similar to that experienced in 2008–2010. Fitch Ratings Wins 2 Structured Finance Awards; Named Best in Financial Institutions & Public Finance. Fitch Ratings has been recognized as the best rating agency for structured finance at FinanceAsia's annual 2019 achievement awards and was also voted Australian structured finance rating agency of the year by KangaNews. In a double blow for Mexico , credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday, citing risks posed by heavily indebted oil company Pemex and trade tensions, while Moody’s lowered its outlook to negative. The Mexican peso weakened as