14.06.2013 23:05:00
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Horsehead Holding Corp. -- Moody's downgrades Horsehead's CFR to B3, affirms B2 sr. sec; outlook stable
New York, June 14, 2013 -- Moody's Investors Service ("Moody's") downgraded the Corporate Family and Probability of Default Ratings of Horsehead Holding Corp. (Horsehead) to B3 and B3-PD from B2 and B2-PD, respectively. The B2 senior secured note rating was affirmed. The company's Speculative Grade Liquidity rating was lowered to SGL-3 from SGL-2.