NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the foreign and local currency Issuer Default Ratings (IDRs) of E.CL S.A. (E.CL) at 'BBB', and its long-term national scale rating at 'A+(cl)'. Fitch has also affirmed the company's long-term international bond ratings at 'BBB'. These rating actions affect, as of June 30, 2015, approximately USD750 million of outstanding international bonds. The Rating Outlook is Stable. KEY RATING DRIVERS E.CL's ratings reflect the company's improved financ
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