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Fitch lifts Votorantim Cimentos view to stable
Fitch Ratings said it affirmed Votorantim Cimentos’s foreign-currency issuer default rating at BBB and the BBB ratings on its 2017, 2021 and 2041 senior unsecured notes.
The outlook was revised to stable from negative.
Votorantim Cimentos is the key operating subsidiary of Votorantim Industrial SA, which continues to be the backbone of its rating, Fitch said.
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