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Prospect News home > News index > List of issuers V > Headlines for Vojenske lesy a statky CR, sp > News item |
Moody's lowers Vojenske
Moody's Investors Service said it downgraded the long-term national scale corporate family rating of Vojenske lesy a statky CR, sp. to Aa1.cz from Aaa.cz.
The outlook is stable.
Moody's noted the company's standalone credit quality suffers from weakening performance due to the negative developments in the wood market, with declining timber prices resulting from the global economic crisis.
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