Moody’s might lower Quickfood

Moody's Latin America said it placed the Baa2 global scale rating and Aaa.ar national scale rating of Quickfood SA's senior notes guaranteed by BRF SA on review for downgrade.

The action is in line with Moody's Investors Service’s Dec. 11 placement of BRF's Baa2 rating on review for downgrade. BRF fully and unconditionally guarantees the instruments, which would cause an acceleration of most of the parent's debt in the event of a default.

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