London, 17 June 2015 -- Moody's Investors Service, ("Moody's") today has upgraded Braas Monier Building Group S.A. ('Braas Monier' or the 'company') corporate family rating (CFR) to B1 from B2, and the probability of default rating (PDR) to B1-PD from B2-PD. Concurrently, the rating agency has upgraded the instrument rating to Ba3 from B1 on the senior secured facilities, consisting of (1) EUR315 million senior secured notes issued by BMBG Bond Finance S.C.A., (2) EUR200 million senior secured term loan B facility borrowed by Monier Finance S.à r.l., and (3) EUR100 million revolving credit facility borrowed by Braas Monier Building Group Holding S.à r.l. and other group companies. The ratings outlook is stable.
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