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Fitch Downgrades Ratings of USJ to 'B+'

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SAO PAULO--(BUSINESS WIRE)--Fitch Ratings has downgraded the foreign and local currency Issuer Default Ratings (IDRs) of U.S.J. - Acucar e Alcool S.A. (USJ) to 'B+' from 'BB-' and the National Scale Rating to 'A-(bra)' from 'A(bra)'. Fitch has also downgraded to 'B+' from 'BB-' the rating for the company's USD275 million senior unsecured notes due...

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