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United States

Sul America SA (SULA11.SA)

SULA11.SA on Sao Paulo Stock Exchange

18.46BRL
17 Nov 2017
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Thu, Sep 21 2017

Fitch Expects to Rate Sul America S.A.'s Fifth Debenture Issuance 'A+(bra)'

(The following statement was released by the rating agency) RIO DE JANEIRO, September 21 (Fitch) Fitch Ratings expects to assign an 'A+(bra)' Long-term National Rating to Sul America S.A.'s (SASA) fifth issuance of simple, unsecured and non-convertible debentures. KEY RATING DRIVERS The expected rating of the fifth debenture issuance is one notch below SASA's Long-term National Rating and equivalent to the existing ratings of the third and fourth debenture issuances. Per Fitch's rating criteria,

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