MEXICO CITY--(BUSINESS WIRE)--UNIFIN Financiera, S.A.B. de C.V. SOFOM, E.N.R. (BMV:UNIFIN) (“UNIFIN” or the “Company”), announces that the credit ratings agency Fitch Ratings affirmed the long- and short-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BB’/‘B’. Fitch Ratings also affirmed the Company’s long-term and short-term National Scale ratings at ‘A (mex)’/‘F1 (mex)’, respectively, asserting that the long-term Rating Outlook remains “Stable”.
Per the press release, the Company’s ratings reflect its solid position in the financial sector, its leadership in the national leasing market and underscores its business expertise and effective collection process, which have been instrumental to the Company’s ability to generate consistent earnings and a sustained expansion.
To obtain the press release issued by Fitch Ratings, please visit www.fitchratings.com
This document may contain certain forward-looking statements. These statements are non-historical facts, and they are based on the current vision of the Management of Unifin Financiera, S.A.B. de C.V., SOFOM, ENR for future economic circumstances, the conditions of the industry, the performance of the Company and its financial results. The terms "anticipated", "believe", "estimate", "expect", "plan" and other similar terms related to the Company, are solely intended to identify estimates or predictions. The statements relating to the declaration or the payment of dividends, the implementation of the main operational and financial strategies and plans of investment of equity, the direction of future operations and the factors or trends that affect the financial condition, the liquidity or the operating results of the Company are examples of such statements. Such statements reflect the current expectations of the management and are subject to various risks and uncertainties. There is no guarantee that the expected events, trends or results will occur. The statements are based on several suppositions and factors, including economic general conditions and market conditions, industry conditions and various factors of operation. Any change in such suppositions or factors may cause the actual results to differ from expectations.