JBS gets triple ratings lift on liquidity lifeline

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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JBS gets triple ratings lift on liquidity lifeline

Oliver West
May 21, 2018 07:15 AM
JBS, protests, Lava Jato, Brazil, corruption, Temer, LatAm
Protestant Vampire Gown of President Michel Temer Protests in front of the Office of the Presidency of the Republic on August 2, 2017 in Sao Paulo, Brazil. The House of Representatives today decides whether to accept the denunciation against President Michel Temer, accused of having received a bribe in cash after an award of Joesley Batista, a businessman with JBS. (Photo by Cris Faga/NurPhoto) *** Please Use Credit from Credit Field *** | NurPhoto/SIPA USA/PA Images

All three major rating agencies gave a green light to Brazilian meatpacker JBS’s recent refinancing last week, saying that the new agreement with its lenders meant a significant improvement in the company’s liquidity position.

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Oliver West
US Bureau Chief - Latin America Editor
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