Madrid, October 16, 2013 -- Moody's Investors Service has today downgraded to Ba3 from Ba2 the corporate family rating (CFR) and senior unsecured debt ratings of Obrascon Huarte Lain S.A. ("OHL"). OHL's senior unsecured ratings have a loss given default (LGD) assessment of LGD4 (50%). Concurrently, Moody's has downgraded to Ba3-PD from Ba2-PD OHL's probability of default rating (PDR). The outlook on the ratings is stable.
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