JBS credit rating rises on favorable financial news
GREELEY — JBS S.A. and it’s Greeley-based subsidiary JBS USA’s credit rating has been upgraded by rating service Standard and Poor’s
The new rating is B+, up from BB-, according to a report in the Greeley Tribune.
Standard and Poor’s said the company’s refinancing of its debt resulted in the upgrade. S&P continues to watch shareholder corruption in Brazil but generally sees less risk.
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GREELEY — JBS S.A. and it’s Greeley-based subsidiary JBS USA’s credit rating has been upgraded by rating service Standard and Poor’s
The new rating is B+, up from BB-, according to a report in the Greeley Tribune.
Standard and Poor’s said the company’s refinancing of its debt resulted in the upgrade. S&P continues to watch shareholder corruption in Brazil but generally sees less risk.
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