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Article: Standard & Poor's Takes Imsa Off Watch Negative; Affirms Ratings.
- Article from:
- PR Newswire
- Article date:
- April 7, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Feb. 25 /PRNewswire/ --
Standard & Poor's today affirmed its corporate credit ratings on Grupo Imsa S.A. de C.V. (Imsa), at triple-'B'- minus for local currency and double-'B' for foreign currency, as well as its rating on the company's US$150 million notes due 2004. This action follows Imsa's announcement that it has withdrawn its takeover offer for Altos Hornos de Mexico, S.A. de C.V. (Ahmsa) (D/--/--). At the same time, Standard & Poor's is removing Imsa from CreditWatch, where it had been placed on June 29, 1999, with negative implications. The outlook is now stable.
The ratings reflect Grupo Imsa S.A. de C.V.'s geographic and product ...
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Article: Grupo Imsa Becomes Part of the Mexican Stock Market ...
Business Wire;
January 7, 2005 ;
560 words
...MONTERREY, Mexico -- Grupo Imsa (NYSE:IMY) (BMV:IMSA) informs ... Mr. Marcelo Canales Clariond, Grupo Imsa's CFO, stated: "We are very ... committed to continue working to make Grupo Imsa a financial instrument that creates ...
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