Ratings
Corporate Credit Risk – Brazil National Scale
| Agency | Rating | Outlook | Date |
|---|---|---|---|
| S&P | AAA | Stable | 08/25/2026 |
| Fitch | AAA | Stable | 12/23/2025 |
Corporate Credit Risk – Local Currency
| Agency | Rating | Outlook | Date |
|---|---|---|---|
| S&P | BB | Stable | 08/20/2026 |
| Fitch | BBB- | Stable | 12/23/2025 |
Foreign Currency
| Agency | Rating | Outlook | Date |
|---|---|---|---|
| S&P | BB | Stable | 08/20/2026 |
| Fitch | BB+ | Stable | 12/23/2025 |
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Risk Agency Reports
*(Only Portuguese)