Fitch Ratings Affirms Codelco's LT Foreign IDR at 'A'; Outlook Stable
Business Wire (Free subscription) | 11/17/2008
Codelco's ratings are directly linked to those of the Republic of Chile, which has a foreign currency IDR of 'A', a local currency IDR of 'A+' and a Rating Outlook of Stable. Codelco's credit ratings incorporate the state's ownership of the company and its strategic importance to Chile, illustrated by the company's contribution to 16% of government revenues in 2007. The strategic importance...
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