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19.02.2014 03:14:00
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Ducommun, Inc. -- Moody's says Ducommun's program-related charges are credit negative; no impact to B1 CFR
New York, February 18, 2014 -- Moody's Investors Service said that Ducommun Incorporated ("Ducommun")'s recent announcement that it expects to record pre-tax charges of approximately $14.1 million in the 2013 fourth quarter related to the Embraer Legacy 450/500 aircraft and Boeing 777 wing tip is a credit negative event. However, Ducommun's ratings including its B1 Corporate Family Rating ("CFR"), SGL-2 Speculative Grade Liquidity Rating and stable rating outlook are unaffected.
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