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Fitch Affirms InterCement Participacoes S.A. at 'BB'; Outlook Revised to Negative

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) and Local Currency Default Rating of InterCement Participacoes S.A. at 'BB', and the Long-Term National Rating at 'AA-(bra)'. The Outlook has been revised to Negative from Stable. A full list of rating actions follows at the end of this release. The Negative Outlook reflects the deterioration in InterCement's credit metrics, significant EBITDA margin compression, and continued difficult operating cond

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