RELEVANT INFORMATION
Bogotá, July 13, 2021. Grupo Aval Acciones y Valores S.A. ('Grupo Aval') informs that, after the downgrade of Colombia's sovereign credit rating from BBB- to BB+, Fitch Ratings downgraded the rating of several Colombian issuers, including Grupo Aval from BBB- to BB+, changing the outlook from negative to stable. Likewise, Grupo Aval Limited's rating was downgraded from BBB- to BB +.
GRUPO AVAL ACCIONES Y VALORES S.A. | |||
DEBT | RATING | RECOVERY | PRIOR |
LT IDR | BB+ | Downgrade | BBB- |
ST IDR | B | Downgrade | F3 |
LC LT IDR | BB+ | Downgrade | BBB- |
LC ST IDR | B | Downgrade | F3 |
Support | 5 | Affirmed | 5 |
Support floor | NF | Affirmed | NF |
GRUPO AVAL LIMITED | |||
DEBT | RATING | RECOVERY | PRIOR |
Senior unsecured | BB+ | Downgrade | BBB- |
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Disclaimer
Grupo Aval Acciones y Valores SA published this content on 14 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2021 21:22:03 UTC.