NEW YORK–(BUSINESS WIRE)–Fitch Ratings has revised the Rating Outlook on Mexico’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to Negative from Stable and affirmed them at ‘BBB+’. The issue ratings on Mexico’s senior unsecured foreign- and local-currency bonds are also affirmed at ‘BBB+’. The Country Ceiling is affirmed at ‘A’ and the Short-Term Foreign and Local Currency IDRs at ‘F2’. KEY RATING DRIVERS The revision in Mexico’s Outlook reflects increased downside risks
