Report
EUR 168.66 For Business Accounts Only

Moody's withdraws Optima Specialty Steel's ratings

New York, December 15, 2016-- Moody's Investors Service withdrew the ratings for Optima Specialty Steel, Inc. including its Caa1 corporate family rating and Caa1-PD probability of default rating as the company has filed a petition for Chapter 11 protection with the US Bankruptcy Court in the District of Delaware. The Caa1 rating on the company's senior secured notes was previously withdrawn. Issuer: Optima Specialty Steel, Inc..
Provider
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
    11,000 corporate issuers
    21,000 public finance issuers
    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. 

ResearchPool Subscriptions

Get the most out of your insights

Get in touch