08.04.2014 17:22:00
|
Navios South American Logistics Inc. -- Moody's assigns (P)B2 rating to NSAL's notes; outlook stable
London, 08 April 2014 -- Moody's Investors Service has today assigned a provisional (P)B2 rating to the proposed US$350 million 2022 senior unsecured notes to be issued by Navios South American Logistics Inc. (NSAL). At the same time, Moody's has affirmed NSAL's corporate family rating (CFR) of B2. Finally, Moody's has also upgraded to B2 from B3 the senior unsecured ratings of the company's existing notes due 2019, worth approximately US$290 million.