Fitch spoke on Nutresa's rating following the acquisition of Nugil SAS

The firm noted that the credit transaction to finance Nugil's acquisition presses the company's credit metrics

Junta de Nutresa recommends repurchase of shares at a price of $130,000 each. Photo: Valora Analitik Fitch Ratings reduced the long-term issuer risk rating (IDR) of Grupo Nutresa S.A., both in foreign currency and local currency, moving from ‘BBB’ to ‘BB’, with a stable perspective. The agency justified this decision on the basis of the higher financial risk perceived after the majority acquisition of the company by businessman Jaime Gilinski, w…