Fitch upgrades TCL

Trinidad Guardian - Wednesday, February 17, 2017

Fitch Ratings has upgraded Trinidad Cement Limited’s (TCL) local and foreign currency Issuer Default Ratings (IDRs) to B+ from B-. The ratings upgrade reflects Cemex’s increased ownership of TCL to at least 70 per cent. Fitch said although there are no legal guarantees or...read more

suzan white
May 31, 2017
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