July 3, 2017 / 12:58 PM / 5 months ago

BRIEF-Moody's sees Carrefour Brazil's IPO as slightly credit negative

July 3 (Reuters) - Carrefour SA. Moody’s Investors Service says in a statement:

* Moody’s says believes Carrefour Brazil IPO is slightly credit negative because it will increase Carrefour’s financial complexity and limit its access to its subsidiary’s cash flows.

* Moody’s also says thinks IPO is positive from an operating standpoint as it will improve local visibility of carrefour’s brazil. Source text for Eikon: Further company coverage: (Reporting By Dominique Vidalon)

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