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16.12.2015 19:10:00
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SPCM SA -- Moody's upgrades SPCM's notes to Ba2; revises outlook to stable
London, 16 December 2015 -- Moody's Investors Service, ("Moody's") today affirmed the Corporate Family Rating (CFR) and Probability of Default Rating (PDR) of SPCM SA (SPCM), the holding company for SNF Floerger group, at Ba2 and Ba2-PD, respectively. Concurrently, Moody's upgraded the $250 million senior notes, due 2022, issued by SPCM to Ba2 from Ba3. The outlook is revised to stable from positive.
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