Moody's places RPC's rating under review for downgrade
Rating Action: Moody's places RPC's rating under review for downgrade. Global Credit Research- 25 Jan 2019. London, 25 January 2019-- Moody's Investors Service has today placed RPC Group PLC's long-term issuer rating of Baa3 under review for downgrade.RPC is a plastic products design and engineering company for packaging and selected non-packaging markets. Co. develops and manufactures a range of products for a variety of customers, including numerous household names, and the end-markets it serves and the geographical areas in which it operates. The business is organised and managed according to product and market characteristics and is split into two segments, Packaging and Non-packaging. The Packaging business serves the Food, Non-food, Personal Care, Beverage and Healthcare markets. The Non-packaging businesses design and manufacture moulds, plastic products and technical components for specific market segments.
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