Shares and Debt
Rio de Janeiro, November 28, 2011 - Sul América S.A. (SulAmérica, BM&FBovespa: SULA11) announces that Standard & Poors Ratings Services (S&P) raised its long-term counterparty credit ratings on Brazil-based insurance holding company Sul América S.A. to BB from BB- and on operating subsidiary Sul América Companhia Nacional de Seguros to BBB- from BB+. The outlook on both companies is stable.
S&P also raised the rating on the senior unsecured notes issued by SulAmérica in February 2007 that matures in February 2011 to BB from BB-.
Last updated on 11/28/2011