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Moody's downgrades Maersk as still stable, but 'not prime' debt
来源： 编辑：编辑部 发布：2018/12/12 09:34:25
MOODY'S Investors Service has downgraded the credit rating for AP Moller-Maersk, saying it expects the world's largest container shipping company "will face increased market and execution risks and, as a result, operate at a higher leverage".
Thus, Moody's dropped the issuer rating and senior unsecured rating of the company to Baa3 from Baa2. Moody's also downgraded Maersk's medium-term note programme rating to (P)Baa3 from (P)Baa2, while saying outlook for all ratings is stable.
Those are still investment grade ratings, though just a step above what Moody's considers non-investment grade or "not prime" debt, reported American Shipper.
Thus, Moody's dropped the issuer rating and senior unsecured rating of the company to Baa3 from Baa2. Moody's also downgraded Maersk's medium-term note programme rating to (P)Baa3 from (P)Baa2, while saying outlook for all ratings is stable.
Those are still investment grade ratings, though just a step above what Moody's considers non-investment grade or "not prime" debt, reported American Shipper.