Credit Ratings

Local Notes

Issuer Credit Rating
Agency Rating
HR Ratings1 "HR BBB" - Long Term - Stable Outlook
"HR3" - Short Term - Stable Outlook
Verum2 "BBB/M" - Long Term - Negative Outlook
"3/M" - Short Term
"CADU18" Issuance Credit Rating
HR Ratings1 "HR BBB" - Stable Outlook
Verum2 "BBB/M" - Negative Outlook
"CADU19" Issuance Credit Rating
HR Ratings1 "HR BBB" - Stable Outlook
Verum2 "BBB/M" - Negative Outlook
"CADU20V" Issuance Credit Rating
HR Ratings1 "HR A+" - Stable Outlook
Verum2 "A/M" - Negative Outlook

1Visit https://www.hrratings.com for more information

2Visit https://pcrverum.mx/ for more information