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11.02.2015 20:52:00
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W3 Co. -- Moody's says low oil prices are credit negative to Total Safety (W3 Co.); but no rating impact
New York, February 11, 2015 -- Moody's Investors Services says that the recent steep decline in oil prices, and the likelihood of a prolonged period of weak pricing, is credit negative to W3 Co., a holding company controlling Total Safety U.S., Inc. (collectively "Total Safety"), but will not result in changes to the B3 Corporate Family Rating (CFR) of Total Safety, or any of the company's debt instrument ratings. Total Safety has a stable ratings outlook.
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