Fitch revises Marfrig view to positive

Fitch Ratings said it affirmed Marfrig Global Foods SA's long-term foreign and local currency issuer default ratings at BB, and MARB BondCo plc and NBM US Holdings, Inc.'s senior unsecured notes at BB.

In addition, Fitch affirmed Marfrig's national scale rating at AA+ (bra).

The outlook has been changed to positive from stable.

“The positive outlook reflects Marfrig's strong operating performance, expected positive FCF, and low net leverage ratios,” Fitch said in a news release.

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