07.02.2013 13:11:00

Seat Pagine Gialle S.p.a. -- Moody's downgrades Seat Pagine Gialle to Ca following default

London, 07 February 2013 -- Moody's Investors Service today downgraded the corporate family rating ("CFR") of Seat Pagine Gialle SpA ("Seat" or "the company") to Ca, and the probability of default rating ("PDR") to Ca-PD/LD. Concurrently, Moody's has downgraded Seat's EUR750 million senior secured bonds due 2017 ("the Senior Secured Bonds") and EUR65 million senior secured stub bonds due 2017 ("the Senior Secured Stub Bonds") to Ca. The outlook on the ratings is negative.

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