E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/4/2023 in the Prospect News Green Finance Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Moody’s raises RCI Banque

Moody’s Investors Service said it upgraded RCI Banque’s ratings, including its senior unsecured debt ratings to Baa1 from Baa2 and its subordinated debt ratings to Ba1 from Ba2.

“This action was prompted by the upgrade of the corporate family rating (CFR) of RCI's parent Renault SA (Renault) to Ba1 from Ba2,” the agency said in a press release.

The outlook is stable.


© 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.