21.03.2016 18:15:00
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INEOS Styrolution Group GmbH -- Moody's upgrades INEOS Styrolution's ratings to B1, stable outlook
London, 21 March 2016 -- Moody's Investors Service has today assigned a B1 corporate family rating (CFR) and a B1-PD probability of default rating (PDR) to INEOS Styrolution Holding GmbH (Styrolution, or the company) and withdrawn the B2 CFR and B2-PD PDR on INEOS Styrolution Group GmbH. Concurrently, Moody's has upgraded the rating on the EUR1.05 billion equivalent term loan B due in 2019 to B1 from B2. The outlook on all ratings is stable.