Ratings

Global scale rating
Long-term issue in foreign currency Long-term issue in local currency
Agency Rating Outlook Rating Outlook
Moody’s Ba1 Stable Ba1 Stable
S&P BB Stable BB Stable
National scale rating
Long-term issue in local currency
Agency Rating Outlook
Moody’s AAA.br
S&P Br AAA Stable

Last update: July 29, 2025