Fitch raised Embraer to BBB from BBB minus with a stable outlook, citing liquidity, cash generation and a less commercial-jet-dependent revenue mix.
BRAZIL · AEROSPACE
Key Facts
—The upgrade Fitch raised Embraer’s long-term issuer default rating to BBB on 9 September.
—From where BBB minus, itself a recent step up from BB plus.
—The outlook Stable.
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