London, 04 March 2015 -- Today Moody's Investors Service has downgraded the corporate family rating (CFR) to B3 from B2 and the probability of default rating (PDR) to B3-PD from B2-PD of Aguila 3 S.A. ("Swissport"). Concurrently, the ratings of the outstanding USD945 million and CHF350 million senior secured notes have been downgraded to B3 from B2. The outlook is stable.

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