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Prospect News home > News index > List of issuers M > Headlines for Molibdenos y Metales SA > News item
Published on 2/26/2013 in the Prospect News Emerging Markets Daily.

S&P: Molibdenos y Metales notes BBB-/mxAA

Standard & Poor's said it assigned its BBB- global scale and mxAA national scale issue-level ratings to Molibdenos y Metales SA's Ps. 1.5 billion senior unsecured notes due 2018.

This issuance follows the January 2013 debt issuance for Ps. 1.02 billion with a 10-year tenor, and is intended for debt refinancing.

S&P said the ratings on Molibdenos y Metales reflect its assessment of its "satisfactory" business risk profile and "intermediate" financial risk profile.


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