Moody’s Chops Aracruz Rating, VCP Outlook

Oct 16, 2008

Moody's has downgraded the ratings of Aracruz Celulose to Baa3 from Baa2, and subsequently placed on review for downgrade the Baa3 ratings of VCP, with whom Aracruz is planning to merge. The actions come after Aracruz announced losses...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote