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18.08.2016 22:34:00
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Evergreen Skills Lux S.a r.l. -- Moody's downgrades Evergreen Skills (dba Skillsoft) CFR to Caa1, outlook remains negative
New York, August 18, 2016 -- Moody's Investors Service, ("Moody's") downgraded Evergreen Skills Lux S.a r.l.'s ("Evergreen Skills") corporate family rating to Caa1 from B3. Moody's also downgraded Evergreen Skills' probability of default rating to Caa1-PD from B3-PD, downgraded the first lien credit facilities (revolver and term loan) to B3 from B2, and downgraded the second lien term loan to Caa3 from Caa2. The outlook remains negative.
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