Fitch gives Hidrovias notes BB

Fitch Ratings said it gave a BB rating to the proposed benchmark size senior unsecured notes to be issued by Hidrovias International Finance Sarl and guaranteed by Hidrovias do Brasil SA.

Fitch rates Hidrovias' long-term foreign- and local-currency issuer default ratings BB with a negative outlook.

Proceeds will be used for the tender of its 2025 notes and the remainder, if any, for general corporate purposes.

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