01.08.2014 21:01:00

JBS S.A. -- Moody's affirms JBS's Ba3 ratings and revises the outlook to stable from negative

New York, August 01, 2014 -- Moody's Investors Service has today affirmed JBS's Ba3 ratings (global scale) and revised the ratings outlook to stable from negative. The stabilization of the outlook reflects the improvements in credit metrics given the rapid and efficient integration of Seara, the maintenance of an adequate liquidity position and our expectations that metrics will converge to pre-acquisition levels by year-end.

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