Fitch Publishes Colombian Corporates Dashboard
BOGOTA, Colombia--(BUSINESS WIRE)-- Fitch Ratings has published the 1Q 2015 Colombian Corporates Dashboard.
The publication explores key themes affecting issuer credit profiles for the Colombian Corporates. Fitch expects a challenging scenario for Colombian corporates in 2015. GDP growth forecasts continue to be revised downward, with the most recent being 3.5% for 2015 and 3.8% for 2016.
Still-moderate leverage levels and healthy liquidity positions continue to support Colombian corporate ratings. Downgrades are more likely to be linked to significant debt-financed acquisitions than to weakening economic activity.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: Colombian Corporates Dashboard -- 1H15
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=863575
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Fitch Ratings
Jorge Yanes
Director
+ 57 1 326-9999
Ext.1170
Fitch Ratings Colombia
Calle 69A No. 9 -85, Bogota,
Colombia
or
Natalia O'Byrne
Director
+ 57 1 326-9999
Ext.1100
or
Media Relations:
Elizabeth Fogerty, +1
212-908-0526
[email protected]
Source: Fitch Ratings
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