Fitch has affirmed Aguas Regionales EPM S.A. E.S.P. at 'AA-(col)' with a stable outlook, removing the negative watch. Emvarias also affirmed at 'AA+(col).
Fitch Ratings has assessed the Colombian Ministry of Transportation's decision to freeze above-inflation tariff increases as neutral for its rated toll road projects.
The outlook change reflects Fitch’s anticipation of improved business profile and financial performance following the ongoing merger with HDI Seguros S.A.