Ratings

Ratings are opinions regarding the company’s capacity to fully settle its financial obligations in a timely manner. These opinions are issued by risk ratings agencies through grades that indicated higher or lower risk of default. These grades are a combination of letters, numbers (in some cases) and mathematical operators.

Below, we show the key information issued by ratings agencies that have evaluated BRB, both on the national and international scales.

 

Risk Assesment Agency Brazil National Scale LT Brazil National Scale ST Foreign Currency LT Foreign Currency ST Report
STANDARD&POOR‘S brAA- brA-1+ B+ B Notice of Rating Action

Analysis Report*

 

Risk Assesment Agency Local currency long term rating Local currency short term rating Global Rating Long Term Global Rating Short Term Reports
FITCH RATINGS A+(bra) F1(bra) BB- B Analysis Report*

  

Risk Assesment Agency Local currency long term rating Local currency short term rating International currency short term rating Report
MOODY’S A.br A-1.br B1 Notice of Rating Action*

Credit Opinion*