Fitch Ratings affirms Milpo at "BBB-" (LT Int. Scale (local curr.) credit rating); outlook negative

April 19, 2017 - CBonds

 

Fitch Ratings affirmed the "BBB-" LT Int. Scale (local curr.) credit rating of Milpo on April 18, 2017. The outlook is negative.
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Issuer: Milpo
Issuer profile:
Milpo is a Peruvian mining company headquartered in Lima and listed in Lima Stock Exchange. The company was founded in 1949. It's engaged in the exploration and exploitation of mining claims, as w... more
Outstanding issues:
1 issuesUSD350,000,000
Issuer rating:
S&P Global RatingsBB+/NegativeForeign Currency LT08/17/2017
S&P Global RatingsBB+/NegativeLocal Currency LT08/17/2017
Fitch RatingsBBB-/NegativeLT Int. Scale (foreign curr.)05/30/2017
Fitch RatingsBBB-/NegativeLT Int. Scale (local curr.)05/30/2017
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