Fitch Ratings affirms Axtel at "BB-" (LT Int. Scale (foreign curr.) credit rating); outlook stable

March 17, 2017 - CBonds

 

Fitch Ratings affirmed the "BB-" LT Int. Scale (foreign curr.) credit rating of Axtel on March 16, 2017. The outlook is stable.
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Issuer: Axtel
Issuer profile:
Axtel S.A.B de C.V. is a fixed-line integrated telecommunications company in Mexico after Telmex, providing local and long distance telephony, broadband Internet, data services, Web hosting, informat... more
Outstanding issues:
2 issuesUSD1,034,633,000
Issuer rating:
Moody's Investors ServiceBa3/NegativeLT- local currency04/03/2017
S&P Global RatingsBB/NegativeForeign Currency LT09/29/2016
S&P Global RatingsBB/NegativeLocal Currency LT09/29/2016
Fitch RatingsBB-/StableLT Int. Scale (foreign curr.)05/30/2017
Fitch RatingsBB-/StableLT Int. Scale (local curr.)05/30/2017