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Asigna, Compensaci?n y Liquidaci?n 'BBB+/A-2' Global Scale, 'mxAAA/mxA-1+' National Scale Counterparty Ratings Affirmed Dec 11
Standard & Poors, Dec 2011
Abstract
Asigna continues to show sound risk management, supported by strong operational and financial safeguards, which in our view support its being no more than one notch higher than the foreign currency sovereign rating. We are affirming our 'BBB+/A-2' global scale and 'mxAAA/mxA-1+' Mexican national scale counterparty credit ratings on Asigna. The stable outlooks reflect our expectation that Asigna's conservative risk management, strong financial safeguards, and good financial performance will continue. MEXICO CITY (Standard & Poor's) Dec. 13, 2011--Standard & Poor's Ratings Services said today that it affirmed its 'BBB+/A-2' counterparty credit ratings on Mexican clearinghouse Asigna, Compensaci-n y Liquidaci-n. At the same time, we are affirming Asigna's 'mxAAA/mxA-1+'Mexican national scale ratings. The outlooks remained stable. 'The ratings on Asigna reflect...
Companies mentioned in this report are: Asigna Compensacion y Liquidacion
Action: Affirmed
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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