Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Obrascon Huarte Lain SA > News item |
Fitch downgrades Obrascon
Fitch Ratings said it downgraded Obrascon Huarte Lain SA’s long-term issuer default and senior unsecured ratings to CCC+ from B+.
“The downgrade reflects OHL’s weakening financial profile due to larger than previously expected cash consumption from continuing legacy project issues,” said Fitch in a press release.
The outlook is stable.
© 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.