Moody’s revises Marfrig to stable

Moody's Investors Service said it affirmed Marfrig Global Foods SA's B2 ratings, including its corporate family ratings and the senior unsecured ratings of Marfrig Holdings (Europe) BV, and changed the outlook to stable from positive.

Moody’s said the outlook change reflects Marfrig’s high leverage and the perception that the deleveraging process will take longer than initially anticipated.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.