Moody's assigns B1/Baa2.br ratings to Even's BRL 87 million proposed debentures; negative outlook
Rating Action: Moody's assigns B1/Baa2. br ratings to Even's BRL 87 million proposed debentures; negative outlook. Global Credit Research- 13 Apr 2017. Sao Paulo, April 13, 2017-- Moody's América Latina Ltda. assigned a B1 rating on the global scale and Baa2.br on the Brazilian national scale to the BRL 87 million debentures issuance proposed by Even Construtora e Incorporadora S.A. with final maturity in 2019. Proceeds from the transaction will be used for liability management.
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