Moody's assigns Baa2 rating to Norsk Hydro's new bonds. Outlook revised to negative
Rating Action: Moody's assigns Baa2 rating to Norsk Hydro's new bonds. Global Credit Research- 28 Mar 2019. London, 28 March 2019-- Moody's Investors Service, today affirmed the Baa2 long term issuer rating and baa2 baseline credit assessment of Norsk Hydro ASA, and assigned a Baa2 rating to Hydro's proposed issuance of senior unsecured bonds due 2025 and 2029. Concurrently, Moody's revised the outlook to negative from stable on all ratings.
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