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Fitch withdraws ratings on Brazil's Desenvolve São Paulo
StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity
Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
Fitch Ratings on March 20 affirmed, and subsequently withdrew its ratings for Desenvolve SP - Agência de Fomento do Estado de São Paulo SA, citing commercial reasons.
The withdrawn ratings include the long-term local and foreign currency issuer default ratings of BB-, short-term local and foreign currency IDRs of B, long-term national rating of AA(bra) and short-term national ratings of F1+(bra).
The outlook on the ratings was stable at the time of withdrawal.