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Corporates Aug 25 2026

IQHQ US$242m Mezzanine Loan

IQHQ-RaDD Holdings I, LLC / IQHQ-RaDD Holdings II, LLC
GlobalLong Term
WithdrawnWITHDRAWN
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Latest Ratings

Aug 25 2026Corporates

IQHQ US$242m Mezzanine Loan

IQHQ-RaDD Holdings I, LLC / IQHQ-RaDD Holdings II, LLC
Global ScaleLong Term
WithdrawnWITHDRAWN
Aug 25 2026Corporates

IQHQ-RADD Holdings II, LLC Corporate

IQHQ-RaDD Holdings I, LLC / IQHQ-RaDD Holdings II, LLC
Global ScaleLong Term
WithdrawnWITHDRAWN
Aug 25 2026Corporates

IQHQ-RaDD Holdings I, LLC Corporate

IQHQ-RaDD Holdings I, LLC / IQHQ-RaDD Holdings II, LLC
Global ScaleLong Term
WithdrawnWITHDRAWN
Aug 25 2026Government Securities

Municipio de Tepic, Nayarit

18017 Banorte P$413.0m
Local ScaleLong Term
RatifiedHR A + (E)
Aug 24 2026Financial Institutions

CL Capital CP

Crédito y Logística de Capital, S.A. de C.V., SOFOM E.N.R.
Local ScaleShort Term
WithdrawnWITHDRAWN
Aug 24 2026Financial Institutions

CL Capital LP

Crédito y Logística de Capital, S.A. de C.V., SOFOM E.N.R.
Local ScaleLong Term
WithdrawnWITHDRAWN
Aug 24 2026Government Securities

Municipio de Tuxtla Gutiérrez

07101
Local ScaleLong Term
RatifiedHR AA
Aug 24 2026Government Securities

Estado de Jalisco

014
Local ScaleLong Term
UpgradeHR AAA
Aug 21 2026Corporates

GHOCB 14

GHO Coordinadora, S.A.P.I de C.V.
Local ScaleLong Term
UpgradeHR C - (E)
Aug 21 2026Government Securities

Municipio de Xalapa, Veracruz

30087
Local ScaleLong Term
RatifiedHR AA +
Aug 21 2026Financial Institutions

Agrocapital LP

Agrocapital del Noroeste, S.A. de C.V., SOFOM E.N.R.
Local ScaleLong Term
DowngradeHR BB
Aug 21 2026Financial Institutions

Agrocapital CP

Agrocapital del Noroeste, S.A. de C.V., SOFOM E.N.R.
Local ScaleShort Term
DowngradeHR4
Aug 21 2026Financial Institutions

CREDICAM CP

Credicam, S.A. de C.V. SOFOM, E.N.R.
Local ScaleShort Term
UpgradeHR2
Aug 21 2026Financial Institutions

CREDICAM LP

Credicam, S.A. de C.V. SOFOM, E.N.R.
Local ScaleLong Term
UpgradeHR A -
Aug 20 2026Government Securities

Municipio de Axapusco

15016
Local ScaleLong Term
UpgradeHR BBB +
Aug 20 2026Government Securities

Estado Libre y Soberano de Baja California

002
Local ScaleLong Term
RatifiedHR A -
Aug 20 2026Financial Institutions

FEFA 3-26

Fondo Especial para Financiamientos Agropecuarios
Local ScaleLong Term
InitialHR AAA
Aug 19 2026Infrastructure

Bansí P$1,820.0m

Fideicomiso de Puentes Fronterizos de Chihuahua 2243
Local ScaleLong Term
RatifiedHR AAA (E)
Aug 19 2026Financial Institutions

CONCRCB 26S

FinCrementar, S.A. de C.V.
Local ScaleLong Term
RatifiedHR AAA (E)
Aug 19 2026Financial Institutions

ENGENCB 24

397 CAP, S.A. de C.V., SOFOM, E.N.R.
Local ScaleLong Term
RatifiedHR AAA (E)
Aug 18 2026Financial Institutions

ATLASCB 26

Corporación Financiera Atlas, S.A. de C.V., SOFOM, E.N.R.
Local ScaleLong Term
InitialHR AAA (E)
Aug 18 2026Corporates

VINTE 26

Vinte Viviendas Integrales, S.A.B. de C.V.
Local ScaleLong Term
InitialHR AA
Aug 17 2026Government Securities

Estado Libre y Soberano de Nayarit

018
Local ScaleLong Term
RatifiedHR BBB -
Aug 13 2026Financial Institutions

E Factor Diez AP

E Factor Diez, S.A.P.I. de C.V., SOFOM, E.N.R.
Local ScaleLong Term
InitialHR AP2
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Analysis

Economics Sectors Comments
Spanish Content
Economics Aug 25 2026

Inflación 1Q Agosto 2026

Rigidez en precios de servicios y aumento en costos de agropecuarios podrían añadir presiones a la inflación general hacia el cierre del año...
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Spanish Content
Sectors Aug 25 2026

Sectorial de IFNBs 2026

HR Ratings comenta sobre el comportamiento histórico del sector de IFNB’s en México, el cual exhibe una posición de solvencia en niveles de fortaleza y mejora en la calidad de la cartera...
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Economics Aug 19 2026

US industrial production in July

U.S. industrial production growth less than expected. Robust capital allocation toward information processing, advanced machinery, and AI infrastructure drives expansion...
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Economics Aug 13 2026

US inflation in July

July CPI comes in line, reinforcing case for a September Fed hold...
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Comments Aug 13 2026

Comments to the Public Metodología de Calificación de Instituciones Financieras no Bancarias (IFNB’s) en México

HR Ratings solicita a los participantes del mercado comentarios sobre su propuesta para la actualización de la Metodología de Calificación de Instituciones Financieras no Bancarias (IFNB’s) en México...
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Comments Aug 13 2026

Comments to the Public Metodología para Empresas de Arrendamiento en México

HR Ratings solicita a los participantes del mercado comentarios sobre su propuesta para la Metodología para Empresas de Arrendamiento en México...
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Economics Aug 11 2026

US Employment July

Non-farm payrolls indicate a decline in July. The participation rate has reached its lowest level since 1976...
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Spanish Content
Economics Aug 10 2026

Inflación julio 2026

Inflación general toca su menor nivel en los últimos seis años. Las presiones del componente subyacente persisten...
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