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Fitch Keeps Brazil’s Rumo at BB+ With a Negative Outlook, and Cosan Is the Reason

Rio Times

BusinessRio Times·Aug 28, 2026·1 min read

Fitch Keeps Brazil’s Rumo at BB+ With a Negative Outlook, and Cosan Is the Reason

BRAZIL · MARKETS Key Facts —What happened: Fitch affirmed Rumo at BB+ on 26 August, removed the negative watch, and set a negative outlook. —The catch: The outlook follows parent company Cosan, rated BB-, which caps Rumo under Fitch’s own…

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