(The following statement was released by the rating agency)
CHICAGO, November 22 (Fitch) Fitch Ratings has affirmed Nemak,
S.A.B. de C.V.'s
(Nemak) Long-term Issuer Default Ratings (IDRs) at 'BB+' and its
national scale rating at 'AA-(mex)'. The Rating Outlook is
Positive. A complete
list of rating actions follows at the end of this press release.
Nemak's increasing product and geographic diversification,
structure and implicit parent support from Alfa, S.A.B. de C.