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4 results for “Moody's”

PROMarkets• Aug 11
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.

PROSmall Caps• Aug 11
Moody's Downgrades Cosan (CSAN3) as Raízen's Debt Restructuring Creates Contagion Risk
Moody's Local Brasil downgraded holding company Cosan's rating to A+.br with a negative outlook, citing the credit impact from its subsidiary Raízen's R$61.4 billion debt overhaul.

PROMarkets• Aug 11
Cosan (CSAN3) Rating Cut as Raízen’s Debt Crisis Spurs Contagion Fears in Brazil Conglomerate
Moody's Local Brasil downgrades Cosan to A+.br on risks from Raízen's R$65 billion debt restructuring and holding company's reduced portfolio.

Markets• Aug 11
Cosan Downgrade Highlights Spillover Risk from Raízen’s $12.8 Billion Debt Restructuring
Moody's Local Brasil cut the rating on Brazilian conglomerate Cosan, citing the severe financial distress at its energy subsidiary Raízen.