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16.01.2014 16:53:00
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Codere S.A. -- Moody's assigns limited default to Codere's PDR of Ca-PD after payment default
Madrid, January 16, 2014 -- Moody's Investors Service has today assigned a limited default (LD) designation to Codere S.A.'s Ca-PD probability of default rating (PDR). The PDR has therefore been changed to Ca-PD/LD (formerly Ca-PD) following the failure to pay -- at the end of the 30-day grace period -- the coupon on the euro-denominated notes issued by Codere Finance (Luxembourg) S.A.
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