Frigoglass Aktie
WKN: 929364 / ISIN: GRS346153000
29.02.2016 18:49:00
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Frigoglass SAIC -- Moody's downgrades Frigoglass to Caa1; changes outlook to negative
Milan, February 29, 2016 -- Moody's Investors Service has today downgraded Greek manufacturer Frigoglass SAIC's corporate family rating (CFR) to Caa1 from B2 and its probability of default rating (PDR) to Caa1-PD from B2-PD. Concurrently, Moody's has downgraded the senior unsecured rating assigned to the notes issued by Frigoglass Finance B.V. and due 2018 to Caa1 from B2. The outlook on the ratings has been changed to negative from developing.