Befesa S.A. (BFSA) Upgraded by S&P to BB+ With Stable Outlook

S&P raised Befesa’s long-term issuer rating to BB+ from BB and upgraded its €650M term loan B and €100M RCF to BB+, citing strong operating performance and deleveraging, with a stable outlook.Material DetailsContext by AI AnalystThis is late-stage confirmation of improving credit metrics after grow…