OREANDA-NEWS. Fitch Ratings has updated its corporate finance criteria for rating entities above the Country Ceiling. The report, entitled 'Rating Non-Financial Corporates above the Country Ceiling', replaces the criteria report 'Rating Corporates above the Country Ceiling' dated 29 January 2014. The ratings in Fitch's non-financial corporate finance portfolio are not affected by the update.

The updated criteria report maintains all of the same principles used to rate non-financial corporates above the Country Ceiling and there are no substantive changes compared with the prior criteria.