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Moody’s affirms CCR
Moody's Investors Service said it affirmed CCR SA’s corporate family rating at Ba2 on the global scale and upgraded to Aa1.br from Aa2.br its Brazil's national scale rating.
The outlook is stable.
The action reflects Moody's expectation that CCR's credit metrics will remain strong with adequate liquidity to support investment requirements and debt service, the agency said.
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