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Fitch Ratings Assigns National Scale Rating to Iguatemi Empresa de Shopping Centers SA


Friday, 30 Nov 2012 07:49am EST 

Iguatemi Empresa de Shopping Centers SA (Iguatemi) announced that Fitch Ratings has assigned a national scale rating of AA+(Bra) to the Company. According to Fitch Ratings, the rating of Iguatemi reflects its dominant business position in the Brazilian shopping center market with participations in 13 shopping centers and three office towers. The Company's credit rating also incorporates the Company's stable and predictable cash flow generation, solid liquidity, low net leverage, and diversified property revenue base. 

Company Quote

26.0
-0.12 -0.46%
21 Aug 2014