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Fitch Downgrades IDRs of Corporacion Durango S.A. de C.V. to 'D'.

Publication: Business Wire
Publication Date: 06-OCT-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CHICAGO & MONTERREY, Mexico -- Fitch Ratings has downgraded the foreign and local currency IDRs of Corporacion Durango S.A. de C.V. (Durango) to 'D' from 'CC' and has affirmed its 'CC/RR4' rating of the company's notes due in 2017. All ratings have been removed from Rating Watch Negative.

Fitch's...

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