Bormioli Rocco Holdings S.A. -- Moody's downgrades Bormioli's CFR to B2; stable outlook
London, 16 January 2013 -- Moody's Investors Service has today downgraded Bormioli Rocco Holdings S.A's ("Bormioli" or "the company") corporate family rating (CFR) to B2 from Ba3. The probability of default rating (PDR) has been downgraded to B2-PD. Concurrently, the rating for the EUR 250 million senior notes issued by Bormioli Rocco Holdings S.A (due 2018) has also been downgraded to B3 from B1. The outlook on the ratings is stable.