{"id":15216,"date":"2020-10-08T12:56:07","date_gmt":"2020-10-08T15:56:07","guid":{"rendered":"https:\/\/www.amarilfranklin.com.br\/?p=15216"},"modified":"2020-10-08T12:56:19","modified_gmt":"2020-10-08T15:56:19","slug":"minerva-fitch-eleva-rating-para-aa-perspectiva-de-longo-prazo-e-estavel","status":"publish","type":"post","link":"https:\/\/www.amarilfranklin.com.br\/index.php\/2020\/10\/08\/minerva-fitch-eleva-rating-para-aa-perspectiva-de-longo-prazo-e-estavel\/","title":{"rendered":"Minerva: Fitch eleva rating para AA, perspectiva de longo prazo \u00e9 est\u00e1vel"},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.22&#8243; transparent_background=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Texto&#8221; _builder_version=&#8221;4.6.5&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; hover_enabled=&#8221;0&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; sticky_enabled=&#8221;0&#8243;]<p style=\"text-align: justify;\">Investing.com &#8211; Tendo como pano de fundo a baixa alavancagem, a melhor posi\u00e7\u00e3o de neg\u00f3cios pelo fluxo de caixa livre positivo, os aumentos de capital e as aquisi\u00e7\u00f5es recentes, a Fitch Ratings elevou o rating nacional da Minerva (BEEF3) para AA, de A+. Al\u00e9m disso, a ag\u00eancia elevou o rating internacional para BB, de BB-.<\/p>\n<p style=\"text-align: justify;\">Segundo relat\u00f3rio de mudan\u00e7a de rating distribu\u00eddo na quarta-feira (7), a perspectiva para os ratings no longo prazo \u00e9 est\u00e1vel. \u00c0s 12h19, as a\u00e7\u00f5es BEEF3 eram negociadas a R$ 10,96, em baixa de 0,64%, com m\u00ednima em R$ 10,89 e m\u00e1xima em R$ 11,12, com R$ 14,31 milh\u00f5es de volume negociado.<\/p>\n<h4 style=\"text-align: justify;\">Raz\u00f5es para melhora<\/h4>\n<p style=\"text-align: justify;\">A expectativa da Fitch \u00e9 que a baixa alavancagem da Minerva atinja cerca de 2,2x em 2020, ante 3,6x em 2019. As justificativas para isso s\u00e3o um aumento do Ebitda, que deve continuar com base nos melhores pre\u00e7os e na grande demanda relativos \u00e0 exporta\u00e7\u00e3o, os cerca de R$ 1,4 bilh\u00e3o em caixa ap\u00f3s a oferta p\u00fablica de a\u00e7\u00f5es do primeiro semestre deste ano, al\u00e9m dos b\u00f4nus de subscri\u00e7\u00e3o exercidos no mesmo per\u00edodo.<\/p>\n<p style=\"text-align: justify;\">A demanda de exporta\u00e7\u00e3o deve continuar a subir, devido &#8220;ao acesso aos mercados de exporta\u00e7\u00e3o da Am\u00e9rica do Sul e ao relacionamento de longo prazo com fornecedores, clientes e distribuidores&#8221;, diz o relat\u00f3rio. Al\u00e9m disso, o impacto da gripe su\u00edna africana na China deve favorecer os produtores da Am\u00e9rica do Sul.<\/p>\n<h4 style=\"text-align: justify;\">IPO de subsidi\u00e1ria<\/h4>\n<p style=\"text-align: justify;\">Outro ponto destacado pela Fitch \u00e9 a possibilidade de a Athena Foods, subsidi\u00e1ria internacional da Minerva, passar a ser listada na Nasdaq por meio da combina\u00e7\u00e3o de seus neg\u00f3cios com uma sociedade de prop\u00f3sito espec\u00edfico para aquisi\u00e7\u00e3o, que render\u00e1 US$ 200 milh\u00f5es \u00e0 Minerva e US$ 100 milh\u00f5es \u00e0 Athena, que continuar\u00e1 a deter cerca de 77% do neg\u00f3cio. Na vis\u00e3o da Fitch, tais recursos devem ser usados para reduzir a d\u00edvida e financiar aquisi\u00e7\u00f5es.<\/p>\n<p style=\"text-align: justify;\">Al\u00e9m disso, a Fitch elencou certos fatores que poderiam elevar o rating, como a gera\u00e7\u00e3o de FCF positiva em bases sustent\u00e1veis, a redu\u00e7\u00e3o substancial da alavancagem, o aumento da escala e da diversifica\u00e7\u00e3o geogr\u00e1fica.<\/p>\n<h4 style=\"text-align: justify;\">Riscos<\/h4>\n<p style=\"text-align: justify;\">No entanto, a Fitch destacou tamb\u00e9m alguns riscos para a empresa, como o fato de estar exposta a riscos sanit\u00e1rios, ambientais, de desmatamento e restri\u00e7\u00f5es de importa\u00e7\u00e3o. No entanto, segundo a ag\u00eancia, a diversifica\u00e7\u00e3o geogr\u00e1fica da empresa por meio de sua subsidi\u00e1ria Athena Foods pode minimizar tais riscos. 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Al\u00e9m disso, a ag\u00eancia elevou o rating internacional para BB, de BB-. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"1080","footnotes":""},"categories":[1],"tags":[],"class_list":["post-15216","post","type-post","status-publish","format-standard","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/posts\/15216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/comments?post=15216"}],"version-history":[{"count":0,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/posts\/15216\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/media?parent=15216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/categories?post=15216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/tags?post=15216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}