Fitch Upgraded GEN Ratings to ‘A(cl)’; stable outlook

Itch Ratings upgraded the national scale solvency and bond facility ratings of Grupo Empresas Navieras S.A. (GEN) to ‘A(cl)’ from ‘A-(cl)’. The Outlook was revised to Stable from Positive. At the same time, it ratified the classification of stock titles in ‘First Class Level 4(cl)’. The upgrade of the ratings is based on positive results […]