Fitch Revises El Salvador's Rating Outlook to Negative

Fitch Revises El Salvador's Rating Outlook to Negative

NEW YORK, Oct 13, 2008 (BUSINESS WIRE) -- Fitch Ratings has revised the Rating Outlook on El Salvador's long-term foreign and local currency Issuer Default Ratings (IDRs) to Negative from Stable and affirmed the ratings as follows.

--Long-term foreign currency IDR at 'BB+';
--Long-term local currency IDR at 'BB+';
--Short-term foreign currency at 'B';
--Country ceiling at 'BBB-'.