Moody’s mulls downgrading Alcoa ratings
Dec 23, 2008 | 10:53 AM
| Tom Jennemann
Moody's Investors Service has placed Alcoa Inc.'s Baa1 senior unsecured ratings and its Prime 2 short-term ratings under review for possible downgrade.
About $7.2 billion in rated debt securities is affected.
The ratings agency said Alcoa's mid-term performance likely will be adversely impacted by weak end markets, with weakness deepening in a number of segments on a global basis. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here