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Organization: Cimento Tupi

The issuer's bonds defaulted in 2018
Organization name
Cimento Tupi SA
Country name
Brazil
Country of registration
Brazil
Industry
Building Materials
Bond debt
185 mln USD

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Profile

Cimento Tupi manufactures and distributes cement and mortar of all kinds. It has plants located at Volta Redonda - RJ, Pedra do Sino - MG and Mogi das Cruzes - SP. It is also engaded in mining of mineral reserves and use of substances extracted from the cement manufacturing, the provision of concrete and participation in other companies. Based in Rio de Janeiro, founded in 1966.

Awards

News

28/05/2018 S&P Global Ratings withdrew Foreign Currency LT credit rating for Cimento Tupi
28/05/2018 S&P Global Ratings withdrew Local Currency LT credit rating for Cimento Tupi
21/02/2017 Fitch Ratings withdrew LT Int. Scale (foreign curr.) credit rating for Cimento Tupi
21/02/2017 Fitch Ratings affirms Cimento Tupi at "RD" (LT Int. Scale (foreign curr.) credit rating)
26/09/2014 New bond issue: Cimento Tupi sells USD 35.0m in 2018 bonds with a 9.743% coupon
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Codes

  • SIC
    3241 CEMENT, HYDRAULIC
  • ICB
    2,300 Construction & Materials

Credit and ESG Ratings

Macroeconomic Indicators - Cimento Tupi

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