Upgrading of Corporate Rating

Posted in: 03/28/2013

Upgrading of Corporate Rating

On March 28, 2013, Fitch Ratings upgraded the following Company ratings:

– National Long-Term Rating from ‘AA(bra)’ to ‘AA+(bra)’;
– National Long-Term Rating of the second debenture issue, totaling R$250 million and maturing in 2014, from ‘AA(bra)’ to ‘AA+(bra)’;
– National Long-Term Rating of the fourth debenture issue, totaling R$150 million and maturing in 2018, from ‘AA(bra)’ to ‘AA+(bra)’; and
– National Long-Term Rating of the fifth debenture issue, totaling R$300 million and maturing in 2027, from ‘AA(bra)’ to ‘AA+(bra)’.

The corporate rating outlook is stable.

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