08.04.2014 17:30:00
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BASF (SE) -- Moody's upgrades Styrolution to B1, stable outlook
London, 08 April 2014 -- Moody's Investors Service has today upgraded the corporate family rating (CFR) of Styrolution Group GmbH (Styrolution, or the company) to B1 from B2, the probability of default rating to B1-PD from B2-PD and the instrument rating on the EUR480 million of senior secured guaranteed notes due in 2016 to B1 from B2. The outlook on all ratings remains stable.