25.02.2016 17:26:00
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Embraer S.A. -- Moody's downgrades Embraer to Ba1; outlook negative
New York, February 25, 2016 -- Moody's Investors Service (Moody's) has today downgraded to Ba1 from Baa3 the foreign currency senior unsecured notes issued by Embraer S.A., Embraer Oversees Limited and Embraer Netherlands Finance BV. At the same time, Moody's withdrawn Embraer S.A.'s Baa3 domestic currency issuer ratings and assigned a Ba1 corporate family rating to the company. The outlook for all ratings remains negative.