24.05.2016 16:28:00
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Konecranes Plc -- Moody's Withdraws Ratings Previously Assigned to Konecranes
New York, May 24, 2016 -- Moody's Investors Service (Moody's) has withdrawn all ratings and the ratings outlook of Konecranes Plc (Konecranes). Konecranes and Terex Corporation (Terex) terminated the Business Combination Agreement for the merger of Konecranes and Terex. The companies terminated the commitments for the senior secured financing facilities associated with the merger.