05.02.2016 22:18:00

Paranapanema S.A. -- Moody's downgrades Paranapanema S.A. to B3; outlook negative

New York, February 05, 2016 -- Moody's Investors Service downgraded Paranapanema S.A. ("Paranapanema")'s Corporate Family Rating to B3 from B1. The outlook remains negative.

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