Fitch assigns Embraer bonds BB+

Fitch Ratings said it assigned a BB+ rating to Embraer Netherlands Finance BV’s planned benchmark-sized senior unsecured bonds due 2030. Embraer Netherlands Finance is a wholly owned subsidiary of Embraer SA, which will guarantee the notes.

Fitch currently rates Embraer's long-term foreign- and local-currency issuer default ratings BB+ and long-term national scale rating AAA(bra).

Embraer will use the proceeds for a tender offer for the 2028, 2025 and 2027 notes, and any remainder for general corporate purposes.

The outlook is stable.

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