S&P Rates Chile Wood Producer Masisa BB
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SAO PAULO -- Standard Poor's Ratings Services assigned its 'BB-' ratings to Masisa S.A. and to its $300 million 9.5% coupon bond, issued on April 28, 2014. The outlook is stable.SP says the ratings reflect the company's "fair" business risk profile and "aggressive" financial risk profile, as our criteria define these terms.The company's business risk profile incorporates its exposure to Argentina (Unsolicited Ratings, CCC+/Negative/C) and Venezuela (B-/Negative/B)."Operations in these two countries Read more [...]