Key Points — All three major rating agencies — Fitch, S&P, and Moody’s — slashed Raízen’s credit to junk in a single day, with Fitch cutting from investment-grade BBB- all the way down to CCC in just seven hours. — The Cosan-Shell joint venture is drowning in R$53.4 billion of debt, has R$10.5 billion maturing […]
