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Fitch Reviews Ratings of Bogota, Capital District of Colombia and Municipality of Medellin

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MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has reviewed the ratings for Bogota, Capital District of Colombia and Municipality of Medellin and taken the following actions: -- Long-Term Foreign Currency (LTFC) Issuer Default Rating (IDR) affirmed at 'BBB'; -- Long-Term Local Currency (LTLC) IDR downgraded to 'BBB' from 'BBB+'. The Rating Outlook was revised to Negative from Stable. In addition, for Bogota Fitch affirms: --USD300 million equivalent, 9.75% Colombian Peso-denominated notes du ......

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