Monterrey Real Estate



Yahoo Local News
Fitch Rates Grupo KUO's (Formerly DESC) Proposed Notes Offering 'BB-/RR3' (Business Wire via Yahoo! Finance) link MONTERREY, Mexico----Fitch rates Grupo KUO, S.A.B. de C.V.'s , formerly DESC, S.A.B. de C.V., proposed US$200 million senior notes due 2017 'BB-/RR3'. The Recovery Rating 'RR3' incorporates the expectation of an above average recovery in the event of default.


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