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30.09.2015 18:49:00
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Deoleo S.A. -- Moody's downgrades Deoleo to B3; outlook stable
London, 30 September 2015 -- Moody's Investors Service, ("Moody's") has today downgraded Deoleo S.A. (Deoleo or the company) corporate family rating (CFR) to B3 from B2 and probability of default rating (PDR) to B3-PD from B2-PD. Concurrently, Moody's has also downgraded to B3 from B2 the ratings on the EUR460 million first lien term loan and the EUR85 million first lien revolving credit facility, and to Caa2 from Caa1 the rating on the EUR55 million second lien term loan. The rating outlook remains stable.
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