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Fitch Affirms Metropolitan Municipality of Lima's Ratings

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MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings for the Metropolitan Municipality of Lima (MML) as follows: --Long-term Issuer Default Rating (IDR) at 'BBB+'; --Long-term local currency IDR at 'BBB+'. The Rating Outlook is Stable. The rating action reflects MML's financial strength as well as its manageable debt metrics. KEY RATING DRIVERS MML's ratings reflect its national importance as the economic and political capital of the country and its high and dynamic collec

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