Following the attack on Iran by the US and Israel late last month which targeted key military sites and strategic infrastructure, as well as a retaliation by Iran, there have been structural shifts in the oil & gas and energy markets. In this report, we discuss the effects of these structural shifts, as well as the impact of the conflict on global supply chains and our coverage universe.
Moody's Ratings (Moody's) affirmed ams-OSRAM AG's (ams-OSRAM or the company) B3 long-term corporate family rating (CFR) and B3-PD probability of default rating (PDR). Concurrently, we affirmed the B3 instrument ratings of the backed senior unsecured bonds issued by ams-OSRAM. The outlook changed to ...
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