Fitch Withdraws Finmart's Ratings

MONTERREY, Mexico--(BUSINESS WIRE)-- Fitch Ratings has withdrawn Prestaciones Finmart, S.A.P.I. de C.V., SOFOM E.N.R.'s (Finmart) ratings. See the full list of ratings at the end of this press release.

Fitch is withdrawing the ratings as Finmart has chosen to stop participating in the rating process. Therefore, we will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for Finmart.

RATING SENSITIVITIES

Rating Sensitivities are not applicable as the ratings have been withdrawn.

The following ratings were withdrawn:

--Long-Term Foreign and Local currency Issuer Default Ratings of 'B-'; Rating Watch Evolving;

--Short-Term Foreign and Local currency Issuer Default Ratings of 'B'; Rating Watch Evolving;

--National scale Long-Term rating of 'BB-(mex)'; Rating Watch Evolving;

--National scale Short-Term rating of 'B(mex)'; Rating Watch Evolving.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria

Global Non-Bank Financial Institutions Rating Criteria (pub. 28 Apr 2015)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=865351

National Scale Ratings Criteria (pub. 30 Oct 2013)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=720082

Additional Disclosures

Solicitation Status

https://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=1008368

Endorsement Policy

https://www.fitchratings.com/jsp/creditdesk/PolicyRegulation.faces?context=2&detail=31

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160701005766/en/

Fitch Ratings
Primary Analyst
Alba Maria Zavala, CFA
Associate Director
+52 81 8399 9137
Fitch Mexico SA de CV
Prol. Alfonso Reyes 2612, Edificio Connexity
Col. Del Paseo Residencial
64920 Monterrey, N.L., Mexico
or
Secondary Analyst
Veronica Chau
Senior Director
+52 81 8399 9169
or
Committee Chairperson
Alejandro Garcia, CFA
Managing Director
+1-212-908-9137
or
Media Relations:
Elizabeth Fogerty, +1 212-908-0526
[email protected]

Source: Fitch Ratings

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