Moody's changes outlook of MBIA Mexico to developing from negative; ratings affirmed
Mexico, December 05, 2016-- Moody's de Mexico has changed the outlook of MBIA Mexico, S.A. de C.V.' s to developing from negative, and affirmed its Caa1 global local currency and B3.mx national scale insurance financial strength ratings. This rating action follows Moody's Investors Service's recently announced change of outlook of MBIA Insurance Corporation's Caa1 IFS rating to developing from negative, on Dec 02, 2016. Moody's said that the developing outlook of MBIA Mexico's...
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