Moody's affirms RESA's A2 ratings; stable outlook
Rating Action: Moody's affirms RESA's A2 ratings; stable outlook. Global Credit Research- 14 Sep 2017. London, 14 September 2017-- Moody's Investors Service has today affirmed the A2 long-term issuer and senior unsecured ratings of RESA S.A..Grupo Nacional de Chocolates is a holding company. Through its subsidiaries, Co. is engaged in the manufacture, sale and export of foods, primarily processed and prepackaged meats; cookies, crackers and candy; and chocolate and its byproducts such as cocoa and cocoa butter. Co. also focuses on the coffee, ice cream and pasta businesses. In addition, Co.'s subsidiaries are engaged in the insurance and financial services business.
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