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01.08.2016 19:10:00
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Lake Bridge International Plc -- Moody's downgrades Global University Systems CFR to B3, stable outlook
London, 01 August 2016 -- Moody's Investors Service, ("Moody's") has today downgraded Global University Systems Holding B.V. ("GUS" or "the company") corporate family rating (CFR) to B3 from B2 and probability of default rating (PDR) to B3-PD from B1-PD. Concurrently, the rating agency has downgraded to B3 from B2 the instrument rating on the senior secured notes issued by Lake Bridge International Plc. The outlook on the ratings is stable.
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