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Fitch grants Ambev the highest rating among brazilian companies



Fitch grants Ambev the highest rating among brazilian companies

The rating agency Fitch upgraded Ambev‘s grade to A- from ‘BBB‘. This is the highest rating Fitch has granted a brazilian company ever. The note are two degrees higher than Brazil‘s country ceiling of ‘BBB+ and is due to the solidity of the company and its capability to honor its debts. The new rating is result of Ambev‘s excellent operational performance, its commitment to financial discipline and the favorable outlook for economic growth in Brazil.

Fitch has revised the Ambev rating in the follow categories: Foreign currency long-term Issuer Default Rating (IDR);Local currency long-term IDR; and Unsecured notes due 2011 and 2013. Besides has the agency reaffirmed Ambev‘s ‘AAA(bra)‘ national scale rating.


Contact IR

Phone:
+(55 11) 2122-1414 / 2122-1415
Email:
ri@Ambev.com.br

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