SAO PAULO (S&P Global Ratings) Oct. 2, 2020--S&P Global Ratings said today that its ratings on Investimentos e Participações em Infraestrutura S.A. – Invepar (global scale: CCC-/Negative/--; national scale: brCCC-/Negative/--) are not affected following the announcement that its shareholders and creditors approved a plan to restructure its debt at the holding level, totaling about R$2.1 billion, R$1.37 billion of which matures in April 2021. The group is facing severe financial and operating difficulties, which were reflected in the Sept. 25, 2020, rating action ("Brazilian Infrastructure Company Invepar Downgraded To 'CCC-' And 'brCCC-' On Rising Refinancing Risks, Outlook Negative "). The final terms of the restructuring plan are still to be defined, and we currently don't have enough information to assess
