Fitch Publishes Special Report on Sovereign Ownership Impact on Latam Corporates

Fitch Ratings has published its special report, Sovereign Ownership Impact on Latam Corporates - Major State Ownership of Energy Companies and Utilities in the Region.

The report provides details on 20 corporates in Latin America that are State-owned enterprises (SOE) and the rating approaches taken with respect to Fitch's perceived level of sovereign support of each SOE.

Of the 20 SOEs, 10 companies operate in the electric-power sector, and seven in oil and gas. The report also discusses the potential credit uplift or discount resulting from linkage to the sovereign.

The report is available at www.fitchratings.com or by clicking the link above.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: Sovereign Ownership Impact on Latam Corporates (Major State Ownership of Energy Companies and Utilities in the Region)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=749960

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Contacts:

Fitch Ratings
Jay Djemal
Director
+1-312-368-3134
70 W Madison Street
Chicago, IL 60602
or
Lucas Aristizabal
Senior Director
+1-312-368-3260
or
Daniel Kastholm, CFA
Managing Director, Regional Group Head
+1-312-368-2070
or
Media Relations
Elizabeth Fogerty, New York, Tel: +1-212-908-0526
elizabeth.fogerty@fitchratings.com

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