Sixsigma Networks Mexico S.A. de C.V. (KIO Networks) Ratings Withdrawn At Issuer's Request

MEXICO CITY (S&P Global Ratings) Sept. 12, 2024--S&P Global Ratings today withdrew its 'B+' issuer credit rating on Latin American IT services provider and data center operator Sixsigma Networks México S.A. de C.V. (KIO Networks) at the issuer's request. At the same time, we withdrew the 'B+' rating on the company's $300 million senior unsecured notes due 2025, which were redeemed on Sept. 10. Our outlook on the company was stable at the time of the withdrawal, reflecting our view that it has reduced its refinancing risk after the redemption of its senior notes, and that it will continue to receive financial support from its current shareholder to increase its data center capacity and maintain adequate liquidity throughout its expansion.

...September 12, 2024 MEXICO CITY (S&P Global Ratings) Sept. 12, 2024--S&P Global Ratings today withdrew its 'B+' issuer credit rating on Latin American IT services provider and data center operator Sixsigma Networks MTxico S.A. de C.V. (KIO Networks) at the issuer's request. At the same time, we withdrew the 'B+' rating on the company's $300 million senior unsecured notes due 2025, which were redeemed on Sept. 10. Our outlook on the company was stable at the time of the withdrawal, reflecting our view that it has reduced its refinancing risk after the redemption of its senior notes, and that it will continue to receive financial support from its current shareholder to increase its data center capacity and maintain adequate liquidity throughout its expansion....

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