Moody’s ups Sigma Alimentos view to stable

Moody's Investors Service said it changed Sigma Alimentos, SA de CV's outlook to stable from negative and affirmed the Baa3 senior unsecured rating.

Moody’s said the change in the outlook to stable reflects the company's solid operating performance, the leverage reduction Sigma has accomplished since its 2014 acquisition of Campofrio, as well as the expectation of further leverage reductions in the years ahead.

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