Fitch Ratings affirms Arcor at "B+" (LT Int. Scale (foreign curr.) credit rating); outlook stable

March 20, 2017 - CBonds

 

Fitch Ratings affirmed the "B+" LT Int. Scale (foreign curr.) credit rating of Arcor on March 17, 2017. The outlook is stable.
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Issuer: Arcor
Issuer profile:
A leading industrial group that specializes in the manufacture of sugar and chocolate confectionery, cookies and crackers, ice cream and foodstuff. Arcor was founded in 1951 in the city of Arroyito, ... more
Outstanding issues:
1 issuesUSD500,000,000
1 issuesARS315,552,223
Issuer rating:
Moody's Investors ServiceB1/PositiveLT- foreign currency03/07/2017
Moody's Investors ServiceB1/PositiveLT- local currency03/07/2017
Fitch RatingsB+/StableLT Int. Scale (foreign curr.)05/30/2017
Fitch RatingsBB/StableLT Int. Scale (local curr.)05/30/2017