Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for CA Immobilien Anlagen AG > News item |
Moody’s: CA Immobilien view to negative
Moody's Investors Service said it affirmed CA Immobilien Anlagen AG’s Baa2 long-term issuer and senior unsecured rating and changed the outlook to negative from stable.
"We changed the outlook to negative following the announcement of a proposed merger with Immofinanz AG," Ramzi Kattan, Moody's vice president and lead analyst for CA Immo, said in a news release.
"The negative outlook is driven by the possibility that the merged entity will have higher leverage and more exposure to weaker Eastern European markets."
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.