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Article: Fitch Revises America Latina Logistica S.A.'s Outlook to Positive; Assigns Ratings to Subsidiaries.
- Article from:
- Business Wire
- Article date:
- August 29, 2008
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RIO DE JANEIRO, Brazil & NEW YORK -- Fitch Ratings affirmed today the ratings of ALL - America Latina Logistica S.A. (ALL), its issuances and the fifth debenture issuance of its subsidiary, Ferronorte S.A. - Ferrovias Norte Brasil (Ferronorte). At the same time, Fitch also assigned a National Scale Rating to the new debenture issuances of ALL - America Latina Logistica Malha Sul S.A. (ALL Malha Sul), Ferroban - Ferrovias Bandeirantes S.A. (Ferroban) and Ferronorte. Additionally, Fitch has revised the Ratings Outlook to Positive from Stable.
ALL:
-Local and Foreign Currency Long-Term IDRs (Issuer Default Ratings) affirmed at 'B+';
-National ...