The credit risk taking agency Fitch Ratings (“Fitch”) raised the Long Term National Rating of the Company and its subsidiary SBF Comércio de Produtos Esportivos S.A. (“SBF Comércio”) from A-(bra) to A+(bra). Furthermore, Fitch also raised from A-(bra) to A+(bra) the rating of the first issuance of simple, non-convertible, in single series, unsecured, with additional personal guarantee, senior debentures of SBF Comércio. The perspective of the aforementioned corporate ratings was maintained as “Stable”.

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Click here to acess the rating report*.

*Portuguese only.