Moody's Investors Service revised outlook on Cielo 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 Cielo on March 17, 2017. At the same time the rating agency revised outlook to stable from negative.
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Issuer: Cielo
Issuer profile:
Cielo S.A. - brazilian leading company in the merchant acquiring and payment processing industry in terms of credit and debit card transaction volume. The company provides services such as capture, t... more
Outstanding issues:
1 issuesUSD875,000,000
1 issuesBRL4,600,000,000
Issuer rating:
Moody's Investors ServiceBa1/StableLT- foreign currency03/17/2017
Fitch RatingsBB+/NegativeLT Int. Scale (foreign curr.)11/21/2016
Fitch RatingsBBB-/NegativeLT Int. Scale (local curr.)11/21/2016