BR Malls Participacoes, S.A.: Update following upgrade to Aa1.br from Aa2.br, outlook remains negative
FINANCIAL INSTITUTIONS CREDIT OPINION 10 November 2017 Update RATINGS BR Malls Participacoes, S.A. Domicile Rio de Janeiro, Rio de Janeiro, Brazil Long Term Rating Ba2 Type LT Corporate Family Ratings - Dom Curr Outlook Negative Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. CoBR Malls Participacoes is an integrated shopping center company based in Brazil. Co. maintains a portfolio of 30 malls, representing 896.4 thousand square meters in total Gross Leasable Area (GLA) and 372.3 thousand square meters in owned GLA. Co. is also engaged in the provision of management, leasing and marketing services to 26 shopping, commercial and business centers.
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