CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the foreign and local currency Issuer Default Ratings (IDRs) of QGOG Constellation S.A. (QGOG, or HoldCo) at 'BB-' as well as the 'BB-' long term rating on the company's USD700 million of senior unsecured notes due 2019. Fitch has removed the rating from Rating Watch Negative and assigned a Negative Outlook. The rating action reflects the lower than expected short-term impact from the contracting ban with Petrobras as well as the uncertainty
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