Standard & Poors Global Ratings confirms its 'mxAA-' credit and debt risk rating for Grupo Rotoplas, keeping a positive outlook.

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Jul 03, 2018, 11:23 ET

MEXICO CITY, July 3, 2018 /PRNewswire/ -- Grupo Rotoplas S.A.B. de C.V. (BMV: AGUA) ("Rotoplas" or "the Company"), leading provider of individual and integrated water solutions in the Americas, announces, that the rating agency Standard & Poors (S&P) ratified Rotoplas' long term credit ratings under national scale 'mxAA-', as well as for the Company's Sustainable Senior Notes (Certificados Bursátiles) issued under tickers AGUA 17X and AGUA 17-2X with national scale ratings of 'mxAA-', and a recovery grade of '3', along with its positive outlook for all of the aforementioned.

The keeping of the ratings as well as their positive outlook reflects the Company's financial strength, coupled with the diversification of its portfolio and the successful integration of the companies acquired in the USA (e-commerce platform).

IR Contact:
Ofelia M López Aranda T
52015000 ext. 50163
[email protected]

Safe Harbor

This press release may include certain forward-looking statements relating to Grupo Rotoplas S.A.B. de C.V., it relies on considerations of the Grupo Rotoplas S.A.B. de C.V. management which are based on current and known information; however, the forward-looking statements could vary due to facts, circumstances and events beyond the control of Grupo Rotoplas, S.A.B. de C.V.

About the Company

Grupo Rotoplas S.A.B. de C.V. is America's leading provider of individual and integrated water solutions for storing, carrying, and treating water. With 40 years' experience in the industry and 21 plants throughout the Americas, Rotoplas has a presence in 14 countries and a portfolio that includes 27 product lines. Grupo Rotoplas has been listed on the Mexican Stock Exchange (BMV) under the ticker "AGUA" since December 2014.

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SOURCE Grupo Rotoplas S.A.B. de C.V.