Moody's Downgraded ICA
(Thomson Reuters ONE) -
Empresas ICA, S.A.B. de C.V. (BMV:ICA) (NYSE:ICA), the largest infrastructure
and construction company in Mexico, announced today that yesterday, Moody's
Investor Service downgraded ICA from B2 to B3, with a negative outlook.
This press release contains projections or other forward-looking statements
related to ICA that reflect ICA's current expectations or beliefs concerning
future events. Such forward-looking statements are subject to various risks and
uncertainties and may differ materially from actual results or events due to
important factors such as changes in general economic, business or political or
other conditions in Mexico, Latin America or elsewhere, changes in capital
markets in general that may affect policies or attitudes towards lending to
Mexico or Mexican companies, changes in tax and other laws affecting ICA's
businesses, increased costs, unanticipated increases in financing and other
costs or the inability to obtain additional debt or equity financing on
attractive terms and other factors set forth in ICA's most recent filing on Form
20-F and in any filing or submission ICA has made with the SEC subsequent to its
most recent filing on Form 20-F. All forward-looking statements are based on
information available to ICA on the date hereof, and ICA assumes no obligation
to update such statements.
Empresas ICA, S.A.B. de C.V. is Mexico's largest infrastructure company. ICA
carries out large-scale civil and industrial construction projects and operates
a portfolio of long-term assets, including airports, toll roads, water systems,
and real estate. Founded in 1947, lCA is listed on the Mexican and New York
Stock exchanges. For more information, visit ir.ica.com.mx.
For more information, please contact:
Elena Garcia
elena.garcia(at)ica.mx
Gabriela Orozco
gabriela.orozco(at)ica.mx
relacion.inversionistas(at)ica.mx
+(5255) 5272 9991 x 3608
Gabriel de la Concha
gabriel.delaconcha(at)ica.mx
Chief Financial Officer
In the US:
Daniel Wilson, Zemi Communications
+(1212) 689 9560
dbmwilson(at)zemi.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Empresas ICA, S.A.B. de C.V. via GlobeNewswire
[HUG#1965230]
Datum: 07.11.2015 - 18:56 Uhr
Sprache: Deutsch
News-ID 432768
Anzahl Zeichen: 2897
contact information:
Kategorie:
Business News
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"Moody's Downgraded ICA"
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