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United States

Nemak SAB de CV (NEMAKA.MX)

NEMAKA.MX on Mexico Stock Exchange

14.35MXN
1:48pm EST
Change (% chg)

$0.04 (+0.28%)
Prev Close
$14.31
Open
$14.32
Day's High
$14.45
Day's Low
$14.29
Volume
199,699
Avg. Vol
3,037,589
52-wk High
$22.06
52-wk Low
$12.61

Latest Key Developments (Source: Significant Developments)

Fitch Affirms Nemak's IDRs at 'BB+'; Outlook Positive

(The following statement was released by the rating agency) CHICAGO, November 22 (Fitch) Fitch Ratings has affirmed Nemak, S.A.B. de C.V.'s (Nemak) Long-term Issuer Default Ratings (IDRs) at 'BB+' and its long-term national scale rating at 'AA-(mex)'. The Rating Outlook is Positive. A complete list of rating actions follows at the end of this press release. Nemak's increasing product and geographic diversification, improving financial structure and implicit parent support from Alfa, S.A.B. de C.