Moody's assigns Ba1/Aaa.br rating to Ipiranga's proposed up to BRL 1.0 billion debentures; stable outlook
Rating Action: Moody's assigns Ba1/Aaa. br rating to Ipiranga's proposed up to BRL 1.0 billion debentures; stable outlook. Global Credit Research- 23 Mar 2017. Sao Paulo, March 23, 2017-- Moody's América Latina assigned a Ba1/Aaa. br rating to Ipiranga Produtos de Petróleo S.A proposed up to BRL 1,012.5 million senior unsecured debentures due in 2022 and 2024, irrevocably and unconditionally guaranteed by Ultrapar Participações S.A.
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