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Moody's withdraws Distribuidora Internacional de Alimentacion ratings ...

Rating Action: Moody's withdraws Distribuidora Internacional de Alimentacion ratings for business reasons. Global Credit Research- 09 Mar 2021. Paris, March 09, 2021-- Moody's Investors Service has withdrawn the Caa2 corporate family rating and stable outlook of Distribuidora Internacional de Alimentacion.

Distribuidora Internacional de Alimentacion: Update following recapita...

Our credit view of Distribuidora Internacional de Alimentacion, reflecting its presence in the proximity and discount food retail segment, constrained by its weak interest coverage ratios.

Moody's affirms DIA's Caa2 CFR, changes outlook to stable from negativ...

Rating Action: Moody's affirms DIA's Caa2 CFR, changes outlook to stable from negative. Global Credit Research- 16 Feb 2021. Paris, February 16, 2021-- Moody's Investors Service has today affirmed the Caa2 long-term corporate family rating of Spanish grocer Distribuidora Internacional de Alimentacion and upgraded its probability of default rating to Caa2-PD from Caa3-PD.

Distribuidora Internacional de Alimentacion: Update following distress...

CORPORATES CREDIT OPINION 15 September 2020 Update RATINGS Distribuidora Internacional de Alimentacion Domicile Madrid, Spain Long Term Rating Caa2 Type LT Corporate Family Ratings Outlook Negative Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Vincent Gusdorf, CFA +33

Moody's appends limited default (LD) designation to DIA's PDR after di...

Announcement: Moody's appends limited default designation to DIA's PDR after distressed exchange. Global Credit Research- 09 Sep 2020. Paris, September 09, 2020-- Moody's Investors Service, has appended today a limited default designation to the Caa3-PD probability of default rating of Spanish grocer Distribuidora Internacional de Alimentacion, changing it to Caa3-PD/LD.

Moody's announces completion of a periodic review of ratings of Distri...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Distribuidora Internacional de Alimentacion. Global Credit Research- 12 May 2020. Paris, May 12, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Distribuidora Internacional de Alimentacion and other ratings that are associated with the same analytical unit.

Distribuidora Internacional de Alimentacion: Update following downgrad...

Our credit view of Distribuidora Internacional de Alimentacion, reflecting the recent announcement of a possible debt-for-debt exchange and negative free cash flow.

Moody's downgrades DIA's corporate family rating to Caa2; outlook nega...

Rating Action: Moody's downgrades DIA's corporate family rating to Caa2; outlook negative. Global Credit Research- 28 Apr 2020. NOTE: On April 28, 2020, the press release was corrected as follows: The fourth and fifth sentences in the third paragraph of the RATINGS RATIONALE section were changed to: These liquidity sources do not suffice to cover 325 million of short-term debt, assuming no renewal of bilateral credit facilities, and the repayment of a 300 million bond due on 28 April...

Distribuidora Internacional de Alimentacion: Refinancing has improved ...

Extension of credit facilities and equity injection from L1 will provide relief in the coming quarters but profitability will take several years to recover, leaving credit ratios weak.

Moody's - DIA’s refinancing eases immediate pressure but facing lon...

Extension of credit facilities and equity injection from L1 will provide relief in the coming quarters but profitability will take several years to recover, leaving credit ratios weak.

Moody's - DIA’s refinancing eases immediate pressure but facing long...

Extension of credit facilities and equity injection from L1 will provide relief in the coming quarters but profitability will take several years to recover, leaving credit ratios weak.

Distribuidora Internacional de Alimentacion: Refinancing has improved ...

Extension of credit facilities and equity injection from L1 will provide relief in the coming quarters but profitability will take several years to recover, leaving credit ratios weak.

Distribuidora Internacional de Alimentacion: Update following change i...

Our credit view of Distribuidora Internacional de Alimentacion, reflecting its improved liquidity, deteriorating competitive position and uncertainties around governance.

Moody's confirms DIA's Caa1 CFR; outlook negative

Rating Action: Moody's confirms DIA's Caa1 CFR; outlook negative. Global Credit Research- 25 Jul 2019. Paris, July 25, 2019-- Moody's Investors Service has confirmed the Caa1 long-term corporate family rating, the Caa1-PD probability of default rating, and the Caa2 senior unsecured ratings of the bonds and the Caa2 senior unsecured MTN program rating of Spain-based food retailer Distribuidora Internacional de Alimentacion.

Moody's announces completion of a periodic review of ratings of Distri...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Distribuidora Internacional de Alimentacion. Global Credit Research- 10 Jul 2019. Paris, July 10, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Distribuidora Internacional de Alimentacion and other ratings that are associated with the same analytical unit.

Moody's announces completion of a periodic review of ratings of Distri...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Distribuidora Internacional de Alimentacion. Global Credit Research- 10 Jul 2019. Paris, July 10, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Distribuidora Internacional de Alimentacion and other ratings that are associated with the same analytical unit.

Moody's: Information gaps on L1's agreement with banks create uncertai...

Announcement: Moody's: Information gaps on L1's agreement with banks create uncertainties for DIA's bondholders. Global Credit Research- 28 May 2019. Paris, May 28, 2019-- On 20 May 2019, Distribuidora Internacional de Alimentacion's main shareholder Letter One announced it has reached an agreement with the company's lenders.

Distribuidora Internacional de Alimentacion: LetterOne's tender offer ...

Limited information is so far available on LetterOne's intentions with regards to DIA's future capital structure and planned negotiations with DIA's banks if the tender offer is successful.

Moody's downgrades DIA's bond ratings to Caa2; ratings remain on revie...

Rating Action: Moody's downgrades DIA's bond ratings to Caa2; ratings remain on review for downgrade. Global Credit Research- 25 Jan 2019. Paris, January 25, 2019-- Moody's Investors Service has today downgraded the senior unsecured long-term rating of Spanish grocer Distribuidora Internacional de Alimentacion to Caa2 from Caa1 and its senior unsecured medium-term note program rating to Caa2 from Caa1.

Distribuidora Internacional de Alimentacion: Update following downgrad...

Our credit view of DIA, reflecting its deteriorating market shares in Spain, weaker earnings and liquidity

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