Fitch Ratings upgrades Colombia’s rating to BBB
Published on Tuesday, December 10, 2013 | Updated on Monday, June 20, 2016
Fitch Ratings upgrades Colombia’s rating to BBB
Today Fitch Ratings surprised the market with its upgrade of Colombian sovereign bonds to BBB. Even though Fitch Ratings had previously established a positive outlook, the market had not expected the confirmation of the event to occur until next year. This upgrade places Colombia at the same rating of Brazil and Panama, and one notch below that of Peru.
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