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Fitch Puts Gerdau on Watch Negative

Nov 20, 2007

Fitch has placed Gerdau's ratings on watch negative following the announcement of its acquisition of MACSTEEL, on concerns that the Brazilian steelmaker...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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