29.04.2014 17:01:00
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FCT Rocade L2 Marseille -- Moody's upgrades Société de la Rocade L2 de Marseille and FCT Rocade L2 Marseille senior debt to Baa2; stable outlook
London, 29 April 2014 -- Moody's Investors Service has today upgraded to Baa2, from Baa3, the ratings of (1) the EUR78 million senior secured bonds due May 2041 (the "Project Bonds") issued by Société de la Rocade L2 de Marseille ("ProjectCo"); and (2) the EUR84 million senior bonds due October 2043 (the "FCT Bonds") issued by FCT Rocade L2 Marseille ("FCT"). In addition, Moody's has assigned a stable outlook to the ratings. Today's rating action concludes the review process initiated by Moody's on 25 March 2014.