NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded BRF S.A (BRF) foreign and local currency Issuer Default Ratings (IDR) and senior unsecured notes to 'BBB' from 'BBB-'. In addition, the National Rating has been upgraded to 'AAA(bra)' from 'AA+(bra)'. The Rating Outlook is Stable. A full list of BRF's ratings follows at the end of this release. The upgrades reflect the significant progress the company has made in cutting cost and increasing the strength of its brands, which has enhanced its
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