24.06.2015 15:30:00
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Spie BondCo 3 S.C.A. -- Moody's upgrades Spie to Ba3; outlook stable
London, 24 June 2015 -- Moody's Investors Service (Moody's) has today upgraded the corporate family rating (CFR) of Spie BondCo 3 S.C.A. to Ba3 from B2. Concurrently Moody's has assigned the CFR of Ba3 to SPIE S.A., the newly listed reporting entity and the borrower under the new banking facilities. Moody's will withdraw the CFR of Spie BondCo 3 S.C.A., the previous reporting entity of the group. Moody's has withdrawn the probability of default rating (PDR) of B2-PD of Spie BondCo 3 S.C.A. and the B2 rating of the now-repaid senior secured facilities previously held at SPIE SA and Clayax Acquisition 4 SAS. The rating outlook on the Ba3 CFR is stable.