Fitch warns on Lat Am fallen angels as coronavirus bites
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Emerging MarketsEM LatAm

Fitch warns on Lat Am fallen angels as coronavirus bites

Venezuela, Angel Falls, Fallen Angels, LatAm, 575, high yield, waterfall

Several corporate issuers in Latin America could be on the cusp of losing their investment grade status, warned Fitch Ratings on Wednesday, with commodities-related businesses at particular risk.

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