Fitch Ratings assigns "A" to HSBC Mexico; outlook negative

December 16, 2016 - CBonds

 

Fitch Ratings assigned LT Int. Scale (foreign curr.) credit rating of "A" to HSBC Mexico on December 15, 2016. The outlook is negative.
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Issuer: HSBC Mexico
Issuer profile:
HSBC Mexico was established in 1941 and is a subsidiary of the British financial services multinational HSBC. It offers banking services to personal and business clients. The range of products that i... more
Outstanding issues:
1 issuesUSD196,706,100
11 issuesMXN19,586,390,900
1 issuesUDI1,384,183,100
Issuer rating:
Moody's Investors ServiceBaa2/StableLT- foreign currency06/30/2016
Moody's Investors ServiceBaa2/StableLT- local currency06/30/2016
Fitch RatingsA/NegativeLT Int. Scale (foreign curr.)12/15/2016
Fitch RatingsA/NegativeLT Int. Scale (local curr.)12/15/2016