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Industrial Machines

Oct 11, 2008

Fitch Downgrades Aracruz; Places VCP on Rating Watch Negative

Fitch Ratings has downgraded the following ratings of Aracruz Celulose S.A. : --Local currency Issuer Default Rating to 'BB+' from 'BBB'; --Foreign currency IDR to 'BB+' from 'BBB'; --National scale rating to ...

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