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Published on 5/3/2021 in the Prospect News Emerging Markets Daily.

Fitch revises Nexa view to stable

Fitch Ratings said it changed the international outlook to stable from negative and affirmed Nexa Resources SA's and its subsidiary, Nexa Resources Peru SAA's long-term foreign- and long-term local-currency issuer default ratings at BBB-.

Fitch also affirmed Nexa's national scale long-term rating at AAA (bra) with an outlook that remains stable.

Nexa's rating affirmation and outlook revision to stable mirror that of its ultimate parent, Votorantim SA, the agency explained.


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