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Prospect News home > News index > List of issuers G > Headlines for Globo Comunicação e Participações SA > News item
Published on 6/1/2015 in the Prospect News Emerging Markets Daily.

Fitch rates Globo notes BBB+

Fitch Ratings said it assigned a BBB+(EXP) rating to Globo Comunicacao e Participacoes SA's proposed $325 million senior unsecured notes due 2025.

The proposed senior unsecured notes will be a reopening of Globo's $325 million step-up perpetual notes issued in 2010 and will not represent any cash inflow to the company.

Through a structured transaction, the perpetual notes issued in 2010 will be purchased, amended and replaced into the proposed senior unsecured notes.


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