United States

Gruma SAB de CV (GPAGF.PK)

GPAGF.PK on OTC Markets Group - US Other OTC and Grey Market

14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Fitch Affirms Gruma at 'BBB'; Outlook Stable

(The following statement was released by the rating agency) MONTERREY, November 07 (Fitch) Fitch Ratings has affirmed Gruma, S.A.B. de C.V.'s (Gruma) Long-Term Foreign and Local Currency Issuer Default Rating (IDR) at 'BBB'. The Rating Outlook is Stable. A full list of ratings actions is provided at the end of this release. The affirmation reflects Gruma's strong business position as one of the world's largest producers of corn flour and tortillas with recognized brands in its main markets and g