Moody's assigns B3 rating to Raghsa's proposed up to USD 150 million notes; stable outlook
New York, March 03, 2017-- Moody's Investors Service, has assigned a B3 global foreign currency rating to Raghsa S.A.' s proposed up to USD150 million senior unsecured notes due 2024. The outlook on the rating is stable. Raghsa is offering bondholders of its 8.5% notes due 2021 the possibility to exchange any and all of their holdings for newly issued US dollar denominated notes due 2024 to be issued with a coupon of not less than 7.25%. For each USD1000 in principal amount of existing...
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