Fitch Ratings affirms Votorantim S.A. at "BBB-" (LT Int. Scale (local curr.) credit rating); outlook negative

April 19, 2017 - CBonds

 

Fitch Ratings affirmed the "BBB-" LT Int. Scale (local curr.) credit rating of Votorantim S.A. on April 18, 2017. The outlook is negative.
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Issuer: Votorantim S.A.
Issuer profile:
Votorantim S.A., through its subsidiaries, engages in basic construction materials, metals and mining, steel, wood pulp, and electrical energy generation activities.
Outstanding issues:
2 issuesUSD1,750,000,000
1 issuesBRL550,000,000
Issuer rating:
S&P Global RatingsBB+/Foreign Currency LT05/23/2017
S&P Global RatingsBB+/Local Currency LT05/23/2017
Fitch RatingsBBB-/NegativeLT Int. Scale (foreign curr.)05/30/2017
Fitch RatingsBBB-/NegativeLT Int. Scale (local curr.)05/30/2017
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