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05.03.2014 10:37:00
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Obrascon Huarte Lain S.A. -- Moody's assigns (P)Ba3 rating to OHL's new senior notes; outlook stable
Madrid, March 05, 2014 -- Moody's Investors Service has today assigned a provisional (P)Ba3 rating with a Loss Given Default assessment of 4 (LGD4) to the proposed issuance of EUR300 million worth of senior notes due 2022 by Obrascon Huarte Lain S.A. (OHL). The company's Ba3 corporate family rating (CFR), Ba3-PD probability of default rating (PDR), as well as the Ba3 ratings on its existing senior unsecured debt instruments, remain unchanged. The outlook on all ratings is stable.
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