23.02.2015 19:49:00
|
Autodis S.A. -- Moody's upgrades Autodistribution's CFR to B1; outlook stable
London, 23 February 2015 -- Moody's Investors Service, ("Moody's") today has upgraded Parts Holdings (France) S.A.S.'s ('Autodistribution' or the 'company') corporate family rating (CFR) to B1 from B2, and the probability of default rating (PDR) to Ba3-PD from B1-PD. Concurrently, the rating agency has upgraded the instrument rating on the EUR240 million senior secured notes issued by Autodis S.A. to B2 from B3. The ratings outlook is stable.