JBS Secures Stable Outlook from Moody’s Amidst Financial Strengthening

Moody’s Investors Service upgraded today the outlook for Brazil’s JBS S.A. (JBSS3) to “stable” from “negative.” This announcement marked a positive shift in the company’s financial status. The agency affirmed the Baa3 rating, which indicates the lowest investment-grade level. This upgrade reflects improvements in JBS’s credit indicators, notably margins and cash flows. Most company segments […]