Moody’s upgrades Tegma’s ratings; outlook stable

Moody’s upgrades Tegma’s ratings; outlook stable
Ratings upgraded:
Issuer: Tegma Gestao Logistica S.A.
– Corporate Family Ratings: to B1 from B2 (global scale) / to Baa2.br from Ba1.br (national scale)
– BRL 200 million senior unsecured debentures due in 2018 and 2019: to B1 from B2 (global scale) / to Baa2.br from Ba1.br (national scale)
The outlook for the ratings is stable.
To access the press release, click here.