Moody's Investors Service has today assigned a Ba3 Corporate Family Rating ("CFR") to Faurecia S.A.
Concurrently, Moody's has assigned a provisional (P)Ba3 (LGD3-44%) rating to the EUR 300 million worth of Guaranteed Senior Notes proposed by Faurecia S.A. The outlook on the rating is positive. This is the first time that Moody's has rated Faurecia S.A.
Read Moody's Investors Service's
press release.