S&P affirms Rassini

S&P said it affirmed its long-term corporate credit rating on Rassini SAB de CV at BB.

The outlook remains stable.

“In line with our expectations, Rassini's suspensions and brakes segments continue to deliver solid performance thanks to increased demand for its products and to market share gains, particularly in the U.S. brakes market,” the agency said in a news release.

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