Reuters logo
BRIEF-Fitch says LatAm corporates face slow growth spurred by depressed commodity prices & rising taxes​
May 25, 2017 / 6:29 PM / 7 months ago

BRIEF-Fitch says LatAm corporates face slow growth spurred by depressed commodity prices & rising taxes​

May 25 (Reuters) - Fitch:

* Fitch says LatAm corporates face slow growth spurred by depressed commodity prices and rising taxes​

* Fitch says Latin America corporates are hampered by stagnant growth throughout region due to factors hurting consumption and stifling investments

* Fitch says Argentine corporate credit risk remains manageable with net leverage below 3.0x for most companies

* Fitch says recovery in credit metrics is “not likely” to occur during 2017

* Fitch on Latin American corporates says corporates have been negatively affected by elevated interest rates in several countries and rising taxes

* Fitch says ‍Mexican corporates have strongest balance sheets in LatAm region due to modest levels of investments over past five years​

* Fitch, on Brazil, says political uncertainty could stall reforms that are crucial to economic recovery

* Fitch says LatAm corporates have been “negatively” affected by elevated interest rates in several countries and rising taxes

* Fitch says in Brazil, credit protection measures are at a low following historic economic downturn

* Fitch on LatAm corporates - Consumer demand continues to be weak, commodity prices remain at moderate levels, recovery in credit metrics isn’t likely to occur during 2017 Source text for Eikon:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below