Publicly Held Company
Corporate Taxpayer ID (CNPJ/MF): 03.853.896/0001-40
(BM&FBOVESPA: MRFG3)
NOTICE TO THE MARKET
São Paulo, November 04, 2014 - MARFRIG GLOBAL FOODS S.A. ("Company" or "Marfrig"), announces to its shareholders and the general market that, on the date hereof, the credit rating agency Fitch Ratings ("Fitch") raised the global scale corporate credit to "B+" with a stable outlook, citing their expectation that the Company will generate positive free cash flow in the next two years thanks to increased EBITDA, lower interest expenses and better working capital management.
The Company's national scale corporate credit rating was also upgraded, from "BBB (bra)" to "BBB+ (bra)".
According to Fitch, the positive perspective reflects the following factors:
Improved credit metrics
Simplified business profile
Focus on deleveraging
Geographic diversification
The Company believes the decision represents recognition of its efforts to improve its financial and operational management that were presented to the market on October 2013 in its long-term plan "FOCUS TO WIN."
Ricardo Florence dos SantosChief Financial and Investor Relations Officer
Marfrig Global Foods S.A. IR Contacts:Av. Chedid Jafet, 222 Bloco A - 5º andar - Vila Olímpia - São Paulo - SP - CEP: 04551-065
Phone: 55 (11) 3792-8650/8600 www.marfrig.com.br/ir e-mail: ir@marfrig.com.br
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