News: Marfrig Global Foods SA (MRFG3.SA)

MRFG3.SA on Sao Paolo Stock Exchange

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Tue, Nov 4 2014

Fitch Upgrades Marfrig's Ratings to 'B+'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, November 04 (Fitch) Fitch Ratings has upgraded Marfrig Global Food S.A.'s (Marfrig) Issuer Default Rating (IDR) and Senior Unsecured Notes to 'B+' from 'B'. Fitch has also upgraded the foreign currency (FC) IDR of Marfrig Overseas Ltd. This IDR has subsequently been withdrawn by Fitch because Marfrig Overseas is a special purpose company and the ratings of this entity are no longer considered by Fitch to be relevant to th

Brazil's Marfrig achieves record beef exports in July

SAO PAULO, Aug 20 - Marfrig SA, Brazil's second-largest meatpacker, exported a record amount of beef and slaughtered its largest number of cows ever in July due to strong demand and a limited offering outside of Brazil, the company's CEO said on Wednesday.

Brazil's Marfrig to invest $291 mln in Moy Park in five to seven years

SAO PAULO, July 16 - Marfrig SA, Brazil's second-largest meatpacker, plans to invest 170 million British pounds ($291 million) in Moy Park, its European unit, over the next five to seven years, according to a securities filing on Wednesday.

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