The Technical Committee of BRC Ratings – S&P Global S. A. SCV confirmed the long-term debt rating of AAA for the Tips UVR A U-4, upgraded the rating of the Tips B U-4 to A+ from A, raised the rating of the Tips Mz U-4 to BBB+ from BBB, and increased the rating of the Tips C U-4 to BBB- from BB+. Additionally, the Mz series was removed from the negative CreditWatch status.
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