COMUNICATO STAMPA
Turin, 20 September 2012
Notice pursuant to Article 2.6.2 No. 15 of the Rules of the markets organized and managed by
Borsa Italiana.
Today, the rating agency Moody's Investor Service, in light of the completion of Seat's debt restructuring, has decided to upgrade Seat's corporate-family-rating to Caa1 with outlook stable. Moody's has also affirmed the Caa1 rating on the existing EUR 550 million and EUR 200 million senior secured bonds and has also assigned a Caa1 rating to the EUR 65 million senior secured stub bond issued as part of the equitisation of lighthouse bond.
The upgrade of the group CFR to Caa1 is based on the significant reduction in the company's leverage and its improved debt maturity profile
(For more complete information, please find attached the Moody's press release)
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Comunicazione Seat Pagine Gialle
Tel. +39.011.435.3030 – fax +39.011.435.3040
UComunicazione.stampa@seat.it
Investor Relations Seat Pagine Gialle +39.011.435.2600
Investor.relations@seat.it
Affari Legali e Societari Seat Pagine Gialle S.p.A.
ufficio.societario@seat.it
Barabino & Partners: Tel.+39 02 72.02.35.35 - Mob +39 331. 57.45.171
Federico Vercellino –
Uf.vercellino@barabino.it
Download the press release