Inter-American Investment Corp Change of rating outlook (8435N)
February 03 2021 - 3:06AM
UK Regulatory
TIDM48MS
RNS Number : 8435N
Inter-American Investment Corp
03 February 2021
RNS ANOUNCEMENT
3 February 2021
Inter-American Investment Corporation (IDB Invest)
Change of rating outlook
As of 2 February 2021, Fitch Ratings affirmed the Long-Term
Issuer Default Rating of Inter-American Investment Corporation (IDB
Invest) at 'AAA', with reference to its "excellent capitalization
and low risk profile", and revised the rating outlook from stable
to negative reflecting the challenging macroeconomic environment in
Latin America and the rise in leverage of IDB Invest driven by the
portfolio growth following IDB Invest's pandemic response.
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February 03, 2021 04:06 ET (09:06 GMT)
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