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Prospect News home > News index > List of issuers I > Headlines for Iansa (Empresas Iansa, SA) > News item |
S&P puts Empresas on watch
Standard & Poor's said it placed the BB+ corporate credit ratings on Empresas Iansa SA on CrediWatch negative.
The watch reflects the deterioration in the company's financial profile as a result of weakening conditions in its core sugar business and increased working capital requirements in its juice business related to its merger with Jugos Concentrados SA, according to the agency.
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