Brazil-based Marfrig Alimentos S.A. has improved its business profile with several acquisitions with adequate funding. We are affirming the ratings, including the 'B+' corporate credit rating, and removing them from CreditWatch. We are assigning a 'brBBB+' National Scale rating to the company. The outlook is stable. On Sept. 1, 2010, Standard&Poor's Ratings Services affirmed the ratings on food producer Marfrig Alimentos S.A., including the 'B+' corporate credit rating. We also removed the ratings from CreditWatch, where we had placed them on June 16, 2010 with negative implications. In addition, we assigned a 'brBBB+' Brazilian National Scale rating to the company. The outlook is stable. The rating actions reflect Marfrig's improved business profile resulting from the recent acquisitions of
