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B3 S.A. - Brasil, Bolsa, Balcao: Update following upgrade of issuer ra...

Our credit view of this issuer reflects its leading market position in the face of potential competitive threats.

B3 S.A. - Brasil, Bolsa, Balcao: Update following rating affirmation a...

Our credit view of this issuer reflects its leading market position in the face of potential competitive threats.

B3 S.A. - Brasil, Bolsa, Balcao: Update following rating affirmation, ...

Our credit view of this issuer reflects its leading market position in the face of potential competitive threats.

Moody's affirms B3's Ba1 issuer rating; outlook stable

Moody's Ratings (Moody's) has today affirmed the ratings of B3 S.A. - Brasil, Bolsa, Balcao (B3), including its long-term Corporate Family Rating (CFR) of Ba1, long-term local-currency issuer rating of Ba1 and long-term foreign-currency senior unsecured debt rating of Ba1. The outlook on B3's rating...

B3 S.A. - Brasil, Bolsa, Balcao: Update to credit analysis

Our credit view of this issuer reflects its leading market position in the face of potential competitive threats.

B3 S.A. - Brasil, Bolsa, Balcao: Earnings fell slightly for first half...

B3's results in June 2023 were credit neutral. Trading volumes for equities fell and but were up for derivatives FICC compared with June 2022. Leverage will rise to 1.9x EBITDA.

B3 S.A. - Brasil, Bolsa, Balcao: B3 and Nasdaq partner to develop a cl...

The partnership to develop a new platform is in line with B3's strategy to strengthen its market position through innovation and technology.

B3 S.A. - Brasil, Bolsa, Balcao: Update to credit analysis

Our credit view of this issuer reflects its leading market position in the face of potential competitive threats.

B3 S.A. - Brasil, Bolsa, Balcao: Revenue went up driven by trading vol...

B3's Q4 2022 results were credit neutral. Trading volumes for equities were up quarterly and flat for FICC, while expenses weighed on bottom-line results. Leverage will rise to 1.9x EBITDA.

B3 S.A. - Brasil, Bolsa, Balcao: Update to credit analysis

Our credit view of this issuer reflects its leading market position in the face of potential competitive threats.

B3 S.A. - Brasil, Bolsa, Balcao: Credit neutral results driven by norm...

B3's Q4 2021 results were credit neutral. High interest rates continued to increase demand for FICC and lower equity volumes. Leverage will lower to 1.6x EBITDA.

B3 S.A. - Brasil, Bolsa, Balcao: Update following rating affirmation

Our credit view of this issuer reflects its leading market position in the face of potential competitive threats.

Moody's affirms B3's ratings; stable outlook

Rating Action: Moody's affirms B3's ratings; stable outlook. Global Credit Research- 08 Mar 2022. New York, March 08, 2022-- Moody's Investors Service has today affirmed all of B3 S.A.- Brasil, Bolsa, Balcão's ratings including its local currency issuer rating of Ba1 and its long-term foreign currency senior unsecured debt rating of Ba1.

B3 S.A. - Brasil, Bolsa, Balcao: Update to credit analysis

Our credit view of this issuer reflects its leading market position in the face of potential competitive threats.

B3 S.A. - Brasil, Bolsa, Balcao: Higher leverage and flat revenues wit...

B3's Q3 2021 results were credit neutral. Higher interest rates shape the investment landscape, increasing demand for FICC and decreasing equity volumes. Leverage will rise to 2.0x EBITDA.

B3 S.A. - Brasil, Bolsa, Balcao: Brazilian regulator's approval of new...

The regulatory approval of a new player on the derivatives registry market will pressure lower registration volumes at B3 and create pricing pressure through greater competition.

B3 S.A. - Brasil, Bolsa, Balcao: Neoway acquisition expands B3's data ...

B3's second acquisition this year of a data analytics firm supports revenue and diversification, a credit positive.

Moody's rates B3 S.A.'s proposed sustainability linked notes at Ba1

Rating Action: Moody's rates B3 S.A.' s proposed sustainability linked notes at Ba1. Global Credit Research- 10 Sep 2021. New York, September 10, 2021-- Moody's Investors Service has today assigned a Ba1 foreign currency senior unsecured debt rating to the sustainability linked notes proposed by B3 S.A.-- Brasil, Bolsa, Balcao's.

B3 S.A. - Brasil, Bolsa, Balcao: Strong revenues, high margins in Q2 2...

B3's 2Q2021 results were credit neutral because although volume and revenue growth were strong, dividends continue to drag on cash coverage while leverage will rise to a 1.5x EBITDA

Moody's announces completion of a periodic review of ratings of B3 S.A...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of B3 S.A.- Brasil, Bolsa, Balcao. Global Credit Research- 06 Jul 2021. New York, July 06, 2021-- Moody's Investors Service has completed a periodic review of the ratings of B3 S.A.- Brasil, Bolsa, Balcao and other ratings that are associated with the same analytical unit.

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