Fitch affirms Atento

Fitch Ratings said it affirmed the long-term foreign-currency issuer default rating for Atento Luxco 1 at BB with a stable outlook.

Fitch also affirmed Atento Luxco's $500 million senior secured notes at BB and Atento Brasil's long-term national scale rating at AA(bra) with a stable outlook.

“The ratings reflect Atento's strong business position, scale and operating expertise as the fourth-largest player in the global customer relation management (CRM) and business process outsourcing (BPO) industry, with a well-established long-term client relationship and moderate geographical diversification,” the agency said in a news release.

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