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Fitch Downgrades Popular, Inc.’s Long-term IDR to ‘BBB’; Outlook Negative

January 22, 2009 by admin  
Filed under Todays Watchlist

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded the following ratings of Popular, Inc. (Popular): — Long-term Issuer Default Rating (IDR) to ‘BBB’ from ‘A-’; — Senior unsecured to ‘BBB’ from ‘A-’;