Moody's Upgrades Ineos to Ba3; stable outlook
London, 03 February 2017-- Moody's Investors Service, has today upgraded Ineos Group Holdings S.A.' s Corporate Family Rating to Ba3 from B1 and Probability of Default Rating to Ba3-PD from B1-PD. Concurrently, Moody's has upgraded the ratings on Ineos' and its subsidiaries' debt instruments by one notch, to Ba2 from Ba3 and to B2 from B3, and has assigned provisional Ba2 ratings to the proposed ca EUR1.2 billion equivalent of new secured term loans due 2024 and the proposed ca EUR3.3...
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