General
Fitch Argentina: Acciones de Calificación Resumen Semanal de acciones de calificación del 22 al 26 de junio 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. >Mexican RMBS Update; Consupago Teleconference -Featured Report: Mexican RMBS Performance Update The fairly large increase in delinquencies over the past six months, while sometimes related to specific events for particular portfolios, can largely be attributed to the macroeconomic pressures impacting Mexico. Peso portfolios continue to outperform UDI portfolios, with transactions exhibiting higher concentration in the informal economy performing worse. In addition, loss levels for transactions backed by Sofoles originations are projected to be larger than those from banks and Infonavit, with the latter two performing better than originally expected. During 2009, 13 RMBS tranches and two bonds backed by RMBS have been downgraded, while six tranches were placed on Rating Watch Negative. Five transactions originated by Metrofinanciera have remained on Rating Watch Negative since late November. As part of a global initiative, Fitch assigned Rating Outlooks to 60 RMBS tranches in Mexico, of which 37 were assigned a Stable Rating Outlook and 23 were assigned a Negative Rating Outlook. -Consupago Teleconference: Fitch will hold a teleconference on 30 June, at 11:00 a.m. EDT, to discuss the securitization of consumer loans that will be carried out by Consupago S.A. de C.V. SOFOL. Fitch rated the Certificados Bursátiles Fiduciarios backed by securitized consumer loans, which will be issued by Consupago, a preliminary AAA (mex) with Stable Outlook. For more information, please refer to the Pre-Sales Report "CSPCB 09 Reporte Pre-Venta" published on 18 June on the website www.fitchmexico.com. The teleconference will be hosted by José Pablo Zúñiga, responsible for structured finance transactions in Mexico, and will include comments by Samuel Fox, Senior Director of Structured Finance for Latin America. A Q&A session will follow the opening remarks. A replay will be available for 14 days following the completion of the call on 30 June. To participate in the call (ID 837331), please refer to the following dial-in numbers: US/Canada: 1-888-313-8659 Latin America/International: 1-800-123-5400 >Other Special Reports/Comments: -Sri Lankan Banks: Steady for Now; Mid-Term Prospects Hinge on Macro-Economic Policy -Worldwide Steel Outlook -- Excess Capacity Expected into the Medium Term -Fitch: Sovereign Ownership Has Generally Low Impact on EMEA Corporate Ratings >Rating Actions -Argentina Fitch confirma las calificaciones de Banco Comafi S.A. Fitch califica en A+(arg) ONs a emitir por Tarjeta Naranja Fitch bajo calificacion de C. C. Coop. La Capital del Plata Ltda Fitch confirma las calificaciones de Consubono XXXVII Fitch confirma la calificacion de Banco de la Nacion Argentina -Brazil Fitch Comenta Associacao da Duratex com a Satipel Fitch Assigns International Ratings to BNDES & its Issuance of USD Notes Fitch Affirms Rtgs of Santander Subsidiaries in Brazil and Issuances Fitch Affirms Itau Group of Banks Fitch Affirms Banco Fibra's National Ratings at 'A-/F2(bra)' -Chile Fitch Places AES Gener's Ratings on Watch Negative Fitch Comenta Situacion de PS de Transa Securitizadora ante Solicitud de Quiebra de Leasing Chile Fitch Retira Clasificacion del Decimo Patrimonio Separado de Banchile Securitizadora Fitch Clasifica Nuevas Lineas de Bonos de Elecmetal -Colombia Fitch Affirms Bancolombia's IDRs at 'BB+/B'; Outlook Stable -Costa Rica Fitch afirma calificaciones a MUCAP -Dominican Republic Fitch Affirms Autopistas del Nordeste (Cayman) Ltd 'B' Rating; Outlook Stable Fitch Asigna Calificacion de Riesgo Nacional a Valores Leon -El Salvador Fitch Revises Rating Outlook of Major Salvadorian Banks to Negative on Sovereign Action Fitch Revisa la Perspectiva de los Principales Bancos Salvadorenos a 'Negativa' Fitch Baja Calificacion de BMI a AA(slv) -México Fitch ratifica en 'BBB(mex)' la calificacion de la Union de Credito Mixta de Coahuila Fitch asigno AAA(mex) a primer emision de bonos respaldados por hipotecas originadas por FOVISSSTE Fitch ratifica la calificacion de A-(mex) del Estado de Durango; perspectiva crediticia estable Fitch: Union de Credito Ganadero de Tabasco reduce calidad de activos,disminuye calificacion B+(mex) Fitch asigna calificacion a Programa de Certificados Bursatiles de Corto Plazo de Grupo Famsa Fitch ratifica la calificacion de A+(mex) de la Universidad Autonoma de Nuevo Leon Fitch retira la calificacion del municipio de Apodaca, N.L. -Panamá Fitch afirma calificaciones de Banco Lafise Panama Fitch baja calificacion nacional de Banco Universal; Modifica Perspectiva a Negativa