Fitch Ratings affirms Raizen Energia at "BBB" (LT Int. Scale (local curr.) credit rating); outlook stable

June 19, 2017 - CBonds

 

Fitch Ratings affirmed the "BBB" LT Int. Scale (local curr.) credit rating of Raizen Energia on June 16, 2017. The outlook is stable.
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Issuer: Raizen Energia
Issuer profile:
Raizen (Raizen Energia S.A.) is a Brazilian company which operates in the sugar-energy industry. It produces and sells cane sugar, produces and sells ethanol products through a network of Shell-brand... more
Outstanding issues:
1 issuesUSD500,000,000
3 issuesBRL750,000,000
Issuer rating:
S&P Global RatingsBBB-/Foreign Currency LT05/23/2017
S&P Global RatingsBBB-/Local Currency LT05/23/2017
Fitch RatingsBBB/StableLT Int. Scale (foreign curr.)06/16/2017
Fitch RatingsBBB/StableLT Int. Scale (local curr.)06/16/2017