S&P Revises Mexico's Outlook To Negative On Weakening Fiscal Flexibility

May 13 (Reuters) - S&P:

• S&P: MEXICO OUTLOOK REVISED TO NEGATIVE ON WEAKENING FISCAL FLEXIBILITY; 'BBB' FOREIGN CURRENCY RATING AFFIRMED

• S&P: EXPECT TRADE RELATIONS BETWEEN MEXICO AND THE U.S. TO REMAIN STRONG

• S&P, ON TRADE RELATIONS BETWEEN MEXICO AND THE U.S.: UNCERTAINTY ABOUT THE RENEGOTIATION OF THE FREE TRADE AGREEMENT WEAKENS INVESTMENT SENTIMENT

• S&P: NEGATIVE OUTLOOK INCORPORATES RISK OF PERSISTENTLY WEAK FISCAL RESULTS RESULTING IN FASTER-THAN-EXPECTED RISE IN MEXICO'S GOVERNMENT DEBT LEVELS

• S&P: EXPECT MEXICO'S BUDGETARY CONSTRAINTS TO RESULT IN A VERY GRADUAL FISCAL CONSOLIDATION