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S&P affirms Docuformas
S&P said it affirmed the long-term issuer credit rating on Docuformas SAPI de CV at B+ global scale and mxBBB/mxA-3 national scale.
At the same time, the agency affirmed the B+ issue-level rating on the company's $150 million senior unsecured notes.
The outlook remains stable.
“Our ratings on Docuformas continue reflecting its growing operating revenue base from its leasing business, which supports the company's business position,” S&P said in a news release.
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