Moody's Investors Service revised outlook on Embraer to stable and affirmed at "Ba1" (LT- foreign currency) credit rating

March 20, 2017 - CBonds

 

Moody's Investors Service affirmed the "Ba1" LT- foreign currency credit rating of Embraer on March 17, 2017. At the same time the rating agency revised outlook to stable from negative.
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Issuer: Embraer
Issuer profile:
Embraer is a Brazilian aerospace conglomerate. The company produces commercial, military, and corporate aircraft, and provides related aerospace services. From 1999 to 2001 it was Brazil's largest ex... more
Outstanding issues:
5 issuesUSD3,290,518,000
Issuer rating:
Moody's Investors ServiceBa1/StableLT- foreign currency03/17/2017
Moody's Investors ServiceWithdrawn/LT- local currency02/25/2016
S&P Global RatingsBBB/NegativeForeign Currency LT04/19/2016
S&P Global RatingsBBB/NegativeLocal Currency LT04/19/2016
Fitch RatingsBBB-/StableLT Int. Scale (foreign curr.)09/21/2016
Fitch RatingsBBB-/StableLT Int. Scale (local curr.)09/21/2016