CHICAGO--(BUSINESS WIRE)--Fitch Ratings has published a new report on the key peer comparator elements for utilities in Latin America.
The sector risk profile defines and groups companies operating in the sector into a 'natural' rating territory based on Fitch's view of the inherent risk profile of the industry. Each company's overall risk profile generally does not stray too far from this rating range. After assessing the operating environment, and then management and corporate governance, the report examines four sector-specific factors for given rating levels. Finally, three financial profile factors help capture financial attributes commensurate with particular rating categories.
The report, titled 'Latin America Power and Utilities: Ratings Navigator Companion' is available at www.fitchratings.com or by clicking the link in this press release. This report should be read in conjunction with the 'Introducing Rating Navigators for Corporates' report dated Nov. 5, 2014 and the 'Latin America Power and Utilities: Ratings Navigator Reference File' dated March 11, 2015.
For more information, please visit https://corporatesshowcase.fitchratings.com/navigator.htm
Additional information is available at www.fitchratings.com.
Applicable Criteria and Related Research: Latin American Power and
Utilities: Ratings Navigator Companion