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Fitch shifts Votorantim Cimentos view to stable
Fitch Ratings said it changed the outlook to stable from negative and affirmed Votorantim Cimentos SA's long-term foreign- and local-currency issuer default ratings at BBB-. Fitch also affirmed the company's national scale rating at AAA(bra) with a stable outlook.
The stable outlook mirrors that made to the company’s ultimate parent, Votorantim SA to stable from negative, the agency said.
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