Clondalkin Acquisition BV -- Moody's affirms Clondalkin's B3 CFR, lowers PDR to Caa1, outlook negative
Frankfurt am Main, December 14, 2012 -- Moody's Investors Service had today affirmed Clondalkin Industries B.V.'s (Clondalkin) B3 Corporate Family Rating (CFR), the B2 instrument rating on the group's senior secured notes (issued by Clondalkin Acquisition BV) and the Caa2 instrument rating on the group's senior unsecured notes. Concurrently, Moody's has downgraded the probability of default rating (PDR) to Caa1 from B3. The outlook on all ratings remains negative.
