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Latin America Corporate Outlooks Update - Challenges Persist for Chilean Corporates

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CHICAGO--(BUSINESS WIRE)--Chilean corporates face challenging conditions due to weak macroeconomic conditions, lower commodity prices, and aggressive capex plans financed using debt, according to Fitch Ratings' Chilean Corporate Outlook Report. "Credit metrics continue to deteriorate in Chile. Approximately 15% of the corporates have Negative Rating Outlooks," according to Alejandra Fernandez, a Director at Fitch. "Of the four issuers with Negative Outlooks: GeoPark and CAP are under enormous p

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