16.01.2014 19:39:00
|
Brakes Capital -- Moody's assigns definitive Caa1 corporate family rating to Cucina Acquisition (UK) Limited; outlook stable
London, 16 January 2014 -- Moody's Investors Service has today assigned a definitive Caa1 corporate family rating (CFR) to Cucina Acquisition (UK) Limited (or the "Company"), the parent of Brakes Group ("Brakes"). Concurrently, Moody's has assigned a Caa1-PD probability of default rating (PDR) to the company, and a definitive B3 rating to the GBP200 million senior secured notes due 2018 issued by Brakes Capital. The outlook on all ratings is stable.