S&P Asgns Arcel Finance (Aracruz) 2003 Nts Prelim Rtg.

Business WireJuly 24, 2003

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S&P Asgns Arcel Finance (Aracruz) 2003 Nts Prelim Rtg.

Business Editors

NEW YORK--(BUSINESS WIRE)--Standard & Poor's

July 24, 2003--Standard & Poor's Ratings Services today assigned its preliminary 'BBB-' rating to Arcel Finance Ltd.'s up to $500 million fixed-rate senior secured notes (2003 notes).

The preliminary rating is based on in...

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