04.02.2015 18:45:00
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Labco S.A. -- Moody's affirms Labco's ratings after the proposed tap issue of notes; outlook stable
London, 04 February 2015 -- Moody's Investors Service, ("Moody's") has today affirmed Labco S.A. ("Labco") B2 Corporate Family Rating (CFR) and B2-PD Probability of Default Rating (PDR) following the company's announcement of a proposed tap issue of EUR100 million senior secured notes. Concurrently, Moody's has affirmed the B3 rating on the senior secured notes due 2018. The rating outlook remains stable.