GRUPO FAMSA, S.A.B. DE C.V. Grupo Famsa S.A.B. de C.V. 'D' Ratings Withdrawn At Issuer's Request
December 14, 2020
MEXICO CITY (S&P Global Ratings) Dec. 14, 2020--S&P Global Ratings withdrew its 'D' issuer credit and issue-level credit ratings on Grupo Famsa, S.A.B. de C.V. at its request. At the time of the withdrawal, the company remained under bankruptcy procedures in Mexico and U.S.
Related Criteria
- General Criteria: Group Rating Methodology, July 1, 2019
- Criteria | Corporates | General: Corporate Methodology: Ratios And Adjustments, April 1, 2019
- Criteria | Corporates | General: Recovery Rating Criteria For Speculative-Grade Corporate Issuers, Dec. 7, 2016
- Criteria | Corporates | Recovery: Methodology: Jurisdiction Ranking Assessments, Jan. 20, 2016
- Criteria | Corporates | General: Methodology: The Impact Of Captive Finance Operations On Nonfinancial Corporate Issuers, Dec. 14, 2015
- Criteria | Corporates | General: Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014
- Criteria | Corporates | General: Corporate Methodology, Nov. 19, 2013
- General Criteria: Methodology: Industry Risk, Nov. 19, 2013
- General Criteria: Country Risk Assessment Methodology And Assumptions, Nov. 19, 2013
- General Criteria: Methodology: Timeliness Of Payments: Grace Periods, Guarantees, And Use Of 'D' And 'SD' Ratings, Oct. 24, 2013
- General Criteria: Methodology: Management And Governance Credit Factors For Corporate Entities, Nov. 13, 2012
- General Criteria: Use Of CreditWatch And Outlooks, Sept. 14, 2009
PRIMARY CREDIT ANALYST
Santiago Cajal
Mexico City
+ 52 55 5081 4521
SECONDARY CONTACT
Alexandre P Michel
Mexico City
+ 52 55 5081 4520
Related Research
- Grupo Famsa Credit And Debt Ratings Cut To 'D' On Bankruptcy Protection Filing In Mexico And U.S., Aug. 7, 2020
www.spglobal.com/ratingsdirect | December 14, 2020 1 |
Grupo Famsa S.A.B. de C.V. 'D' Ratings Withdrawn At Issuer's Request
Ratings List
Not Rated Action
To | From | |
Grupo Famsa S.A.B. de C.V. | ||
Issuer Credit Rating | NR/--/-- | D/--/-- |
Senior Secured | NR | D |
Recovery Rating | NR | 3(55%) |
Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore be read in conjunction with such criteria. Please see Ratings Criteria at www.standardandpoors.com for further information. Complete ratings information is available to subscribers of RatingsDirect at www.capitaliq.com. All ratings affected by this rating action can be found on S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column.
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Grupo Famsa S.A.B. de C.V. 'D' Ratings Withdrawn At Issuer's Request
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