Moody's downgrades OHL's ratings to Caa1; outlook negative
Frankfurt am Main, November 16, 2016-- Moody's Investors Service, has downgraded to Caa1 from B3 the corporate family rating and senior unsecured debt instrument ratings of Spanish construction and civil engineering company Obrascon Huarte Lain S.A.. Concurrently, Moody's downgraded OHL's probability of default rating to Caa1-PD from B3-PD. The outlook on all ratings is negative.
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