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Fitch Downgrades Camposol's IDRs to 'B-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded to 'B-' from 'B' the foreign and local currency Issuer Default Ratings for Camposol Holding Ltd (Camposol) and its wholly-owned subsidiary Camposol S.A. In addition, Fitch has downgraded Camposol S.A.'s USD200 million senior unsecured notes to 'B-/RR4' from 'B/RR4'. The Rating Outlook is Stable. The downgrade of Camposol's ratings reflects the company's deteriorated credit profile. Camposol's gross leverage is above 5x due to weaker operat

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