esto no es moco e pavo
veremos si impacta mañana en la tanada ....TS a investmen grade de Fitch.... lo pario mendieta
December 22, 2010 11:39 AM Eastern Time
Fitch Affirms Tenaris' IDR at 'A-'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the Issuer Default Rating (IDR) of Tenaris S.A. (Tenaris) as follows:
--Foreign currency IDR at 'A-'.
The Rating Outlook is Stable.
The affirmation of Tenaris' investment-grade rating reflects the company's conservative financial profile, geographically diversified operations and strong business position. Further supporting the rating is the company's historical track record for maintaining a strong capital structure. Between 2006 and the latest 12 months (LTM) ended Sept. 30, 2010, Tenaris' total debt-to-EBITDA ratio averaged 0.9 times (x), while its net debt-to-EBITDA ratio averaged just 0.3x, consistent with its high rating category.