Moody's Ratings upgrades MHEA's CFR to Ba3 from B1; outlook changed to stable
Moody's Rating (Moody's) has today upgraded the ratings of Minor Hotels Europe & Americas, S.A. (MHEA, previously NH Hotel or the company) including its long term corporate family rating (CFR) to Ba3 from B1 and probability of default rating (PDR) to Ba3-PD from B1-PD. We also upgraded MHEA's instru...NH Hotel is engaged in the operation and management of hotels throughout Spain, the Benelux countries, Germany, and South America.
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