Notice To The Market – New Tegma Rating Assignment by Fitch: A (bra)
Tegma Gestão Logística S.A. (“Tegma” or “Company”) informs its shareholders and other market participants of the result of Fitch’s corporate rating assessment.
On August 29, 2019, Fitch released a report announcing the assignment of A (bra) corporate rating on the Brazilian national scale, with stable outlook. This rating corresponds to an increase of three knots vs. the rating previously assigned by Moody’s (stable Baa2.br) and assures Tegma back on the investment grade level with high quality and low risk.
It reflects the Company’s commitment to best governance practices and transparency in the relationship with its shareholders and creditors.
Click here to access Fitch’s press release.
São Bernardo do Campo, August 29, 2019.
Gennaro Oddone
Chief Executive and Investor Relations Officer