Quality | 2009.11.10
Fitch Rates Gerdau's Proposed Sr. Unsecured Notes 'BBB-'
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a \'BBB-\' rating to Gerdau S.A.\'s (Gerdau) proposed notes due in 2019 to be issued by its wholly owned subsidiary Gerdau Holdings Inc. These notes will be unconditionally and irrevocably guaranteed by Gerdau S.A., Gerdau Acominas S.A., Gerdau Acos Longos S.A., Gerdau Acos Especiais S.A., and Gerdau Comercial de Acos S.A. Proceeds of this issuance will be used to refinance debt. Strong Business Position and Resilient Credit Quality: The \'BBB-\' r
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