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Latin American corporate credit indicators point toward varying leverage trends across the region, with the majority of countries experiencing stabilizing and decreasing leverage, according to a series of new Fitch Ratings reports. “Following a heavy election cycle in 2018,...

After Brazil (51% negative) and Colombia (20%), Fitch Ratings has assigned negative outlooks to 19% of corporates in Chile, 12% in Peru, 9% in Mexico, and 6% in Argentina.

"Signs for an improvement in credit metrics are slowly emerging for corporates across Latin America following a tough year during 2016," said Jay Djemal of Fitch Ratings.