VCP Gets Issuer Rating (1)

VCP Gets Issuer Rating (1)


Moody's has assigned a Baa3 (stable) issuer rating to Votorantim Celulose e Papel (VCP) to reflect its position as one of the lowest cost pulp producers globally. The agency praises VCP's long-term sustainable business model, depicted by structural cost advantages against most international peers, including substantial self-sufficiency in wood fiber and electricity, as well as efficient logistics. "The ratings also benefit from the liquidity provided by the company's large timberland holdings an

Already have an account?

Free trial

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

Free Trial