OREANDA-NEWS. Fitch Ratings has affirmed and withdrawn the ratings for Cresud S.A.C.I.F. y A. (Cresud). The Rating Outlook for the local currency Issuer Default Rating (IDR) was Negative at the time of the withdrawal.

Fitch has chosen to withdraw Cresud's ratings for commercial reasons.

KEY RATING DRIVERS
Fitch will no longer provide rating or analytical coverage of this issuer.

RATING SENSITIVITIES
No longer relevant as the ratings have been withdrawn.

FULL LIST OF RATING ACTIONS

Fitch has affirmed and withdrawn the following ratings:

Cresud S.A.C.I.F. y A. (Cresud).
--Foreign currency long-term IDR at 'CCC';
--Local currency long-term IDR at 'B-''