Fitch Affirms Votorantim Cimentos' IDR at 'BBB-'; Outlook remains Negative

Fitch Affirms Votorantim Cimentos' IDR at 'BBB-'; Outlook remains Negative
Published: 20 April 2017


Fitch Ratings has affirmed the Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of Votorantim Cimentos SA (VCSA) at 'BBB-' and its National Scale rating at 'AAA(bra)'. The Rating Outlook for the IDRs remains Negative while the Outlook for the national scale rating has been revised to Negative from Stable.





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