Tag

"The increase in the stand-alone credit profile is a recognition of the company's stable operating performance," stated Ecopetrol.

Frontera Energy said future moves "may include accelerating or increasing share buyback programs, dividend payments, and investments."

The key sources of the pressure on emerging markets (EMs) over the summer remain in place, Fitch Ratings says in a new report. The impact of tighter US monetary policy, a strengthening dollar, and risks to global trade and growth will continue to be felt in 2019. EM...

Bancoldex's "ratings and outlook should move in, line with any potential change in Colombia's ratings," said Fitch.

Though the bank's liabilities are not explicitly guaranteed by the government, Banagrario maintains a “key role” in developing national agricultural policy.

The company’s "credit risk lies in 2020 and 2021, with an expected lower production profile and possibility for lower grades,” stated Fitch.

Proceeds from the bond issuance will be used to fund liability management transactions and for general budgetary purposes.

The partnership creates a shared distribution network in the Americas and will allow Tecnoglass to manufacture and sell Schüco-branded products.

The payment will be made to all Tecnogloass shareholders of record at the close of business on October 26.

While the peace process and divisive politics in Bogotá will be thornier issues, Duque's management of the fiscal deficit will prove tricky even amid rising GDP growth rates.