Usinas Siderurgicas de Minas Gerais Aktie
WKN: 892674 / ISIN: US9173022008
27.01.2016 20:44:00
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Cosipa Commercial Ltd. -- Moody's downgrades Usiminas to Caa1; ratings remain under review
New York, January 27, 2016 -- Moody's Investors Service has today downgraded the ratings of the senior unsecured notes issued by Usiminas Commercial Ltd. (guaranteed by Usinas Siderurgicas de Minas Gerais, "Usiminas") to Caa1 from B2 and the ratings of the backed senior unsecured global MTN programs of Usinas Siderurgicas de Minas Gerais S.A., Cosipa Commercial Ltd and Usiminas Commercial Ltd to (P) Caa1 from (P) B2. The ratings remain on review for downgrade.
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