Resumen Semanal - Acciones de calificación

Fitch Argentina: Acciones de Calificación Resumen Semanal de acciones de calificación del 21 al 25 de septiembre de 2009 A continuación, Fitch Ratings' Latin America Weekly Recap (o resumen semanal de calificaciones de Latinoamérica) de esta semana. Para información adicional, comunicados de prensa o informes, Ud. puede consultar nuestra página web Fitch Argentina www.fitchratings.com.ar o www.fitchratings.com. >Central Europe: Rising public finance risks in the Czech Republic, Hungary and Poland -Featured Report: CE3: Deteriorating Public Finances - Czech Republic, Hungary and Poland Public finances in the Czech Republic, Hungary and Poland are expected to continue to worsen as a result of the economic downturn, with average government debt set to rise by 10 percentage points (pp) of GDP between year-end 2008 and 2010. The marked deterioration in public finances in these countries could lead to negative rating actions if they fail to identify and implement credible medium-term fiscal consolidation programs. In all three countries, politics and electoral cycles add to the risk of fiscal slippage. In the Czech Republic, the government's relatively low debt at the onset of the crisis provides some tolerance to temporarily run higher budget deficits than peers without considerably weakening its relative debt position. However, Hungary's fiscal policy is already tight and therefore likely to continue to be guided by IMF commitments in an effort to correct past fiscal excesses, restore market confidence and prevent a sharper rise in its already relatively high government debt burden. Finally, the forecast 9.1 pp rise in Poland's government debt ratio is broadly in line with the average forecast rise for sovereign's rated in the 'A' range. However, this assumes that the government will largely succeed in carrying out its ambitious privatization program. -Conference Reminder Tomorrow, 29 September, Fitch Ratings will host the conference "Emerging Markets Back from the Edge: Managing Through a Sluggish Global Recovery" in New York. Fitch will also conduct a live webcast of the event, which will take place at the Pierre Hotel between 9:00am and 12:30pm. A roundtable on the same subject will take place in Chicago on 30 September. For additional information about the conference, please contact Katie Donnelly at (212) 908-0828 or Kathleen.donnelly@fitchratings.com. >Other Special Reports/Comments: -Fiscal Exit Strategies Key to 'AAA' Sovereign Credit Outlook -Hong Kong Banks: Semi-Annual Review and Outlook -Kenyan Banking Sector: Annual Review and Outlook -Desempeño de los Financiamientos Subnacionales en la Actual Crisis -Financiamiento Subnacional Calificado en Mexico -Fitch Downgrades 7 UAE Banks on Review of Support -Fitch Downgrades Individual Ratings of 3 Foreign-Owned Ukrainian Banks >Rating Actions -Argentina TASA: calificaciones sin cambio tras oferta de compra de sus ON Fitch confirmó las calificaciones de Megabono Series 27 a 42 Fitch calificó los títulos de Megabono XLIV Fitch: Telefónica de Argentina's Ratings Unaffected by Debt Tender Offer Announcement Fitch confirma calificaciones a Best Leasing Clase VII Fitch confirmó las calificaciones de SB Personales I Fitch confirmó calificaciones de CP de Caja de Crédito Coop. La Capital del Plata Fitch confirma la calificación de Banco Mariva Fitch confirma las calificaciones de los fondos Investire Fitch calificó a los títulos de Consubond Serie LXXII Fitch confirmó a los títulos de Consubond Serie LXXI Fitch confirmó calificaciones de Meridian II Fitch calificó los títulos a emitirse bajo Ribeiro XXXIII Fitch retiró calificación de los VDFB de Columbia Tarjetas XII Fitch retira calificación del CP de SMSV XVII Fitch retiró calificación de los VDFA de Megabono XXXIII Fitch retiró calificación de los VDF Clase A de Confibono XXXVII Fitch retira calificación de los VDFB de FIDEBICA VII Fitch retiró calificación de los VDFB de Megabono XXXII Fitch retiró calificación de los VDFA de Megabono XXXV Fitch confirma calificaciones de Banco Columbia S.A. -Brazil Fitch afirma e retira Rating Nacional da Duratex Fitch upgrades Eletropaulo's Ratings to 'BB' & 'A+(bra)'; Outlook Stable Fitch downgrades Banco BTG Pactual S.A.; Outlook Stable Fitch atribui Rating Preliminar as Cotas Seniores do FCM FIDC Mercantis e Servicos -Chile Fitch places Ratings of Empresas CMPC S.A. on Rating Watch Negative Fitch asigna Rating Watch Negativo a Empresas CMPC Fitch alza a AA-(cl) clasificación de Línea de Bonos de BCP Emisiones Latam 1 S.A. -Costa Rica Fitch afirma calificación de Holcim en AAA(cri) -El Salvador Fitch mantiene calificación de Asesuisa Vida en AA+(slv) -México Fitch ratifica la calificación del Fideicomiso de Fomento Minero en 'A+(mex)' Fitch ratifica calificación del Municipio San Luis Rio Colorado; modifica la perspectiva a estable Fitch ratifica la calificación crediticia a la bursatilización de activos de subsidiarias de IDEAL Fitch: Subnational Financing Rated in Mexico and its performance in the current crisis Fitch ratifica la calificación de AAA(mex) a la bursatilización de la autopista Cardel-Veracruz Fitch ratifica la calificación de A+(mex) a la emisión OCALFA 95U de la autopista Toluca-Atlacomulco Fitch ratifica calificación de Grupo La Moderna, S.A.B. de C.V. en 'AAA(mex)' Fitch califica 'AAA(mex)' emisión de Certificados Bursátiles de Daimler México -Panamá Fitch afirma calificaciones de Citibank Panama -Peru Fitch upgrades Banco de Crédito del Peru to 'BBB'; Outlook Revised to Stable -Uruguay Fitch confirma en AA(uy) a las ONs de CVU Fitch sube a A+(uy) la calificación de Baluma Fitch rates Uruguay's 2025 International Bond Issuance 'BB-'