| S&P Global |
Stable |
brAAA |
07/08/2025 |
Brazil National Scale LT |
+ |
 Initial Report (22/04/2019) |
| Maintenance Report (15/04/2021)* |
| Maintenance Report (21/12/2021) |
| Negative CreditWatch Report (03/06/2022) |
| Maintenance Report and Removed from the CreditWatch List (04/28/2023) |
| Maintenance Report (04/30/2024)* |
| Maintenance Report (07/18/2024)* |
| Maintenance Report (07/08/2025)* |
| Fitch Ratings |
Stable |
AAA(bra) |
10/22/2024 |
Long Term National |
+ |
| Initial Report(22/04/2019) |
| Maintenance Report(09/04/2021) |
| Maintenance Report (17/12/2021) |
| Rating Upgrade Report (06/04/2022) |
| Report in Negative Observation (02/06/2022) |
| Report Remove Negative Note (28/06/2022)* |
| Rating Review Report – (06/02/2023)* |
| Rating Affirmation Report – (05/21/2024)* |
| Report in Positive Observation (07/17/2024)* |
| Rating Upgrade Report (10/22/2024)* |
| Rating Affirmation Report (10/16/2025)* |
