19.03.2015 15:46:00
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Nord Gold N.V. -- Moody's confirms Nordgold's Ba3 rating; stable outlook
London, 19 March 2015 -- Moody's Investors Service has today confirmed Nord Gold N.V.'s (Nordgold) Ba3 corporate family rating (CFR), Ba3-PD probability of default rating (PDR) and Ba3 (LGD4, 50%) rating of the company's senior unsecured notes. The outlook on the ratings is stable. This concludes the review for downgrade initiated by Moody's on 23 December 2014.