CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Axtel S.A.B. de C.V.'s (Axtel) Long-term Local- and Foreign-Currency Issuer Default Ratings (IDR) at 'B' and the Long-term National Scale Rating at 'BB-(mex)'. The Rating Outlook is Stable. Fitch has also affirmed the following ratings: --Senior secured notes due 2020 at 'B+/RR3'; --Senior secured convertible notes due 2020 at 'B+/RR3'; --Senior unsecured notes due 2019 at 'B-/RR5'; --Senior unsecured notes due 2017 at 'B-/RR5'. KEY RATING DR
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