Our credit view of this issuer reflects its good liquidity and buffer under financial covenants, constrained by its exposure to the volatility in Brazil's automotive industry.
Our credit view of Usiminas reflects its good liquidity and buffer under financial covenants, constrained by the execution risks associated with its upcoming investments.
Our credit view of Usiminas reflects its strong credit metrics and liquidity, balanced by its concentration and exposure to the volatility in Brazil's steel industry.
Our credit view of Usiminas reflects its strong liquidity and metrics, offset by its exposure to the volatility in Brazil's steel industry and execution risks on investments.