Cirsa Funding Luxembourg S.A. -- Moody's assigns (P)B3 rating to Cirsa's tap bond offering; negative outlook
Madrid, January 28, 2013 -- Moody's Investors Service has today assigned a provisional (P)B3 rating with a loss given default assessment of 4 (LGD4) to the EUR100 million tap offering of senior unsecured notes due 2018 issued by Cirsa Funding Luxembourg S.A., a wholly owned subsidiary of Cirsa Gaming Corporation S.A. (Cirsa). Cirsa's B2 corporate family rating (CFR) and B2-PD probability of default rating remain unchanged. The outlook on the ratings is negative.
