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EUR 168.93 For Business Accounts Only

Moody's downgrades Cirsa CFR to B2; places ratings on review for further downgrade

Rating Action: Moody's downgrades Cirsa CFR to B2; places ratings on review for further downgrade. Global Credit Research- 28 Mar 2020. Paris, March 28, 2020-- Moody's Investors Service, has downgraded Cirsa Enterprises, Sociedad Limitada corporate family rating to B2 from B1 and its probability of default to B2-PD from B1-PD.
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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