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Ultrapar is Assigned Investment Grade Rating by Standard & Poor's
According to Standard & Poor's, the ratings assigned to Ultrapar reflect its resilient results supported by its strong brands and leading position in LGP distribution and specialty chemicals; strategic diversification into the fuel distribution business with relevant market share; relatively stable cash generation and intermediate financial profile.
This is the second rating equivalent to investment grade that Ultrapar has
received. The first investment grade rating was assigned by the credit rating
agency Moody's Investors Service in
Andre Covre
Chief Financial and Investor Relations Officer
Ultrapar Participacoes S.A.
55-11-3177-7014
SOURCE Ultrapar Participacoes S.A.
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