23.05.2016 21:22:00

Waste Italia S.p.A. -- Moody's downgrades Waste Italia's CFR to Ca, negative outlook

London, 23 May 2016 -- Moody's Investors Service has downgraded the corporate family rating (CFR) of Italian waste management company Waste Italia S.p.A. to Ca from Caa3. Concurrently, Moody's downgraded the probability of default rating (PDR) to Ca-PD from Caa3-PD and the instrument rating on the senior secured notes to C from Ca. The outlook on all ratings remains negative.

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