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Standard & Poor’s upgrades corporate credit rating of Multiplan Empreendimentos Imobiliarios SA

Wednesday, 11 Dec 2013 05:39am EST 

Multiplan Empreendimentos Imobiliarios SA:Says Standard & Poor’s (S&P) has upgraded the corporate credit rating of the company from BBB- to BBB with stable outlook, in the global scale.Says according to S&P, the upgraded rating reflects revaluation of the financial risk profile of the company, given the stability of the real estate sector.Says also that the company generated stable profits and the main and secondary current and projected metrics indicate modest financial risk profile. 

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-0.36 -0.75%
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