Localiza Rent a Car SA (RENT3.SA)
R$ -0.44 (-1.48%)
|Market Cap(Mil.):||R$ 13,078.35|
Fitch Downgrades Localiza's LC IDR to 'BBB-'; Affirms FC IDR at 'BB+' & National Scale at 'AAA(bra)'
(The following statement was released by the rating agency) CHICAGO, November 17 (Fitch) Fitch Ratings has affirmed Localiza Rent a Car S.A.'s (Localiza) Long-Term Foreign Currency Issuer Default Rating (LT FC IDR) at 'BB+' and its National Scale rating at 'AAA(bra)'. At the same time, Fitch has downgraded Localiza's LT Local Currency IDR to 'BBB-' from 'BBB'. The Rating Outlook is Negative for the FC IDR and Stable for the Local Currency IDR and National Scale Rating. A full list of ratings fol