Industry | 2015.04.03
Fitch Affirms Votorantim's Ratings; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the foreign and local currency Long-term Issuer Default Ratings (IDRs) for Votorantim Participacoes S.A. (VPAR) and subsidiaries at \'BBB\', and has revised the Outlook to Stable from Negative. A complete list of related rating actions follows at the end of this press release. The revision of VPAR and Votorantim Industrial S.A. (VID) \'s rating Outlooks to Stable from Negative is based on VID\'s improved credit metrics back to through-the-cycle l
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