10.10.2013 17:12:00
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Haniel Finance BV -- Moody's upgrades Franz Haniel's CFR to Ba1, PDR to Ba1-PD with a stable outlook
Frankfurt am Main, October 10, 2013 -- Moody's Investors Services has today upgraded the corporate family rating (CFR) to Ba1 from Ba2 and to Ba1-PD from Ba2-PD the Probability of Default Rating (PDR) of Franz Haniel & Cie. GmbH (the company, Haniel). Concurrently, the senior unsecured ratings of Haniel and its subsidiaries have been upgraded to Ba1/(P)Ba1. The outlook on all ratings is stable.