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Emerging Markets

Fitch Raises Brava Energia to BB After Ecopetrol’s US$1.2 Billion Takeover

The Rio Times · 1h ago · 🇧🇷 Brazil

Fitch Raises Brava Energia to BB After Ecopetrol’s US$1.2 Billion Takeover

Fitch raised Brava Energia to BB from BB-, and its national rating to AA+(bra), after Ecopetrol completed its US$1.2 billion takeover of a 51% controlling stake in the Brazilian oil producer. The post Fitch Raises Brava Energia to BB After Ecopetrol’s US$1.2 Billion Takeover appeared first on The Rio Times .

Read the full story at The Rio Times →

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