11.04.2016 21:14:00
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Camposol S.A. -- Moody's rates Camposol's new notes at Caa1 rating.
New York, April 11, 2016 -- Moody's Investors Service ("Moody's") has assigned Camposol's new USD 200 million 10.5% Senior Secured notes due 2021 Caa1 . At the same time, Camposol Holding Ltd.'s global scale corporate family rating and senior unsecured notes due 2017 at Caa1 remain unchanged. The outlook for the ratings remains stable. Proceeds from the new USD 200 million 5-year Non-Callable 2- years 10.5% senior secured notes will be used to refinance the USD 200 million notes due February 2017.