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Published on 5/3/2021 in the Prospect News Emerging Markets Daily.

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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