18.11.2016 19:35:00
|
Indra Holdings Corp -- Moody's downgrades Totes' CFR to Caa2; Stable outlook
New York, November 18, 2016 -- Moody's Investors Service ("Moody's") downgraded Indra Holdings Corp's ("Totes") Corporate Family Rating ("CFR") to Caa2 from Caa1, Probability of Default Rating ("PDR") to Caa2-PD from Caa1-PD, and the rating on the senior secured first lien term loan to Caa2 from Caa1. The rating outlook remains stable.