Fitch IBCA has bought one of Mexico's top three rating agencies in a further sign of the growing internationalization of credit ratings.

The London- and New York-based rating agency announced this week that it has acquired Mexico's Clasificadora de Riesgos, S.A. de C.V. as part of a plan to expand its coverage of the unsecured debt of Mexican companies and of international securitized transactions.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.