| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for RCI Banque SA > News item |
Moody’s downgrades RCI Banque
Moody’s Investors Service said it downgraded RCI Banque’s senior unsecured debt rating to Baa2 from Baa1. The outlook on these has been changed to negative from ratings under review. Moody’s also downgraded the subordinated debt rating to Ba2 from Ba1.
RCI Banque Sucursal Argentina’s local-currency issuer rating of Caa1 with a negative outlook remains unaffected by this action, Moody’s said.
“This action was prompted by the downgrade of the corporate family rating (CFR) of RCI’s parent Renault SA to Ba2 from Ba1,” Moody’s said in a press release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.