S&P upgrades credit rating of Buzzi Unicem
The Standard and Poor (S&P) credit rating agency has upgraded the creditworthiness of Buzzi Unicem, as of 30 June 2021. It has now raised its long-term rating from ‘BBB-’ to ‘BB...
Credit Rating
10 posts · Page 1 of 1
Moody's Investor Service upgrades Votorantim SA and Votorantim Cimentos
Moody’s Investors Service has assigned an investment grade rating on a global scale to the holding company Votorantim SA and its portfolio company Votorantim Cimentos. Moody’s u...
S&P Global raise HeidelbergCement's credit rating
S&P Global Ratings raised HeidelbergCement’s long- and short-term issuer credit ratings to BBB/A-2 from BBB-/A-3 and the issue ratings on its debt to BBB from BBB-, while giving...
S&P upgrades Cemex to BB
Cemex SAB de CV announced that S&P Global Ratings upgraded its corporate credit rating in its global scale to BB from BB-.
Dangote Cement
Two global ratings agencies have rated Dangote Cement high for its financial strength, describing its outlook as stable. Moody’s has assigned three high ratings to the cement pr...
Trinidad Cement upgraded by ratings agencies
Ratings agencies Fitch and Standard and Poor’s have upgraded their evaluations of the credit-worthiness of Trinidad Cement Ltd (TCL), the Trinidad Express reports.
Titan to issue EUR300m Eurobond
Titan Global Finance plc, a subsidiary of Titan Cement SA, on Monday announced plans to sell a five-year Eurobond issue worth EUR300m. Greece-based Titan said in a statement tha...
Fitch cuts Camargo Correa credit rating on Cimpor buy
Fitch Ratings has cut Camargo Correa’s credit rating by two notches on concern the increase of its stake in cement company Cimpor has raised the indebtedness of the company too ...
S&P lowers Cimpor to 'BB'
On June 26, 2012, Standard & Poor's Ratings Services lowered its long-term corporate credit rating on Cimpor to 'BB' from 'BBB-' and its short-term rating to 'B' from 'A-3'. The...
S&P lowers Italcementi credit rating, Italy
Standard and Poor's lowered the long-term corporate credit rating on Italian cement maker Italcementi to BB+ from BBB-, and its short term rating to B from A-3. The agency set a...