Spread Research has downgraded its corporate rating for Air Berlin to D from C. The move follows a series of missed interest payments and the end of the grace period. As a reminder, the company filed for bankruptcy on 15 August 2017 and stopped operating on 28 October 2017.
Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.
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