Fitch Publishes Local Currency 'BBB+' Rating for State of Guanajuato; Outlook Stable

Australia Today
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MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has published the local currency long-term rating of 'BBB+' for the State of Guanajuato. The Rating Outlook is Stable. KEY RATING DRIVERS Guanajuato's rating reflects its solid operating performance resulting from strengthening fiscal policies and on-going monitoring of spending, as well as moderate leverage and low sustainability. It also considers the dynamism of the local economy and the fact that the state pension liabilities are fully cover

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