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5.4

Fitch upgrades Brava Energia credit ratings to 'BB' following Ecopetrol acquisition

Fitch Ratings upgraded Brava Energia's credit ratings to 'BB' with a stable outlook, citing the strategic benefits of its acquisition by Ecopetrol. The transaction is expected to bolster Ecopetrol's operational metrics, including a 12% increase in proven reserves and double-digit growth in production and EBITDA.

Valor Econômico2 days agoBR, COCredibility 45%View source

Score Breakdown

Mosaic Score5.4
Confidence0.9
Significance0.5
Source credibility0.5

Intelligence Tags

#credit-rating#energy#ma#brava-energia#ecopetrol

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