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14.09.2015 23:05:00
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W3 Co. -- Moody's says Total Safety's recent debt and equity raising are credit positive, but has no impact on ratings or negative outlook
New York, September 14, 2015 -- Moody's Investors Services says that recent debt and equity raising are credit positive to W3 Co., a holding company controlling Total Safety U.S., Inc. (collectively "Total Safety"), as it improves the company's liquidity position, but will not result in changes to the Caa1 Corporate Family Rating (CFR) of Total Safety, or any of the company's debt instrument ratings, and its negative outlook.
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