Fitch Affirms Arendal at ‘RD’; Withdraws Ratings

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed Arendal, S. de R.L. de C.V. (Arendal)’s Long-term Foreign and Local Currency Issuer Default Ratings at ‘RD’ and the long-term rating of Arendal’s outstanding senior unsecured debt issuances totaling USD100 million at ‘C/RR4’. Fitch has simultaneously withdrawn all of Arendal’s ratings. Fitch has chosen to withdraw Arendal’s ratings for commercial reasons. RATING SENSITIVITIES Rating Sensitivities are not applicable as the ratings have been wi