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Moody's Local Downgrade Hits Cosan as Raízen Restructuring Signals Weaker Dividend Flow

Moody's Local Brasil cut the rating for Brazilian conglomerate Cosan (CSAN3) to A+.br, reflecting the credit deterioration of its subsidiary Raízen.

By Marcus Wright

Published
Moody's Local Downgrade Hits Cosan as Raízen Restructuring Signals Weaker Dividend Flow
Illustration — BRZ.news

Moody's Local Brasil cut the rating for Brazilian conglomerate Cosan (CSAN3) to A+.br, reflecting the credit deterioration of its subsidiary Raízen.

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