Bulletin: Controladora Mabe S.A. de C.V.'s Expansion Plan In Argentina Unlikely To Materially Alter Leverage - S&P Global Ratings’ Credit Research

Bulletin: Controladora Mabe S.A. de C.V.'s Expansion Plan In Argentina Unlikely To Materially Alter Leverage

Bulletin: Controladora Mabe S.A. de C.V.'s Expansion Plan In Argentina Unlikely To Materially Alter Leverage - S&P Global Ratings’ Credit Research
Bulletin: Controladora Mabe S.A. de C.V.'s Expansion Plan In Argentina Unlikely To Materially Alter Leverage
Published Dec 21, 2021
2 pages (1051 words) — Published Dec 21, 2021
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Abstract:

MEXICO CITY (S&P Global Ratings) Dec. 21, 2021--S&P Global Ratings today said that Mexican home appliance company Controladora Mabe S.A.B. de C.V (Mabe; BBB/Stable/--) has enough financial flexibility to pursue its expansion plans in Argentina without significantly affecting its leverage headroom for the rating level. On Dec. 20, 2021, Mabe announced that it reached an agreement to integrate the leading laundry machine manufacturer in Argentina, José M. Alladio e Hijos S.A. (not rated). In our view, this initiative will further strengthen Mabe's competitive advantage in Argentina and will enhance its manufacturing capabilities to capture export-oriented opportunities in the region. While the terms and financial arrangements of the transaction have not yet been disclosed, we expect Mabe to mainly fund its

  
Report Type:

Bulletin

Ticker
1122Z@MM
Issuer
Controladora Mabe S.A. de C.V.
GICS
Household Appliances (25201040)
Sector
Global Issuers, Structured Finance
Country
Mexico
Region
Latin America
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Controladora Mabe S.A. de C.V.'s Expansion Plan In Argentina Unlikely To Materially Alter Leverage" Dec 21, 2021. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Controladora-Mabe-S-A-de-C-V-s-Expansion-Plan-In-Argentina-Unlikely-To-Materially-Alter-Leverage-2774469>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Controladora Mabe S.A. de C.V.'s Expansion Plan In Argentina Unlikely To Materially Alter Leverage Dec 21, 2021. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Controladora-Mabe-S-A-de-C-V-s-Expansion-Plan-In-Argentina-Unlikely-To-Materially-Alter-Leverage-2774469>
  
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