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Prospect News home > News index > List of issuers E > Headlines for Empresas Copec SA > News item |
S&P revises Empresas Copec view to negative
S&P said it revised the outlook for Empresas Copec and its subsidiary Compania de Petroleos de Chile Copec SA to negative from stable citing higher leverage.
A sharp drop in paper pulp prices will hurt the group’s EBITDA, S&P said.
S&P affirmed the BBB rating on both companies.
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