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Hitachi agreement. Moody: Finmeccanica sale of transportation assets is credit positive
New York, USA - The press release issued by the Investors Service
Moody's Investors Service said that Finmeccanica SpA's (Ba1 negative) announced binding agreement to sell the bulk of its transportation assets to Hitachi, Ltd. (A3 stable) is a credit positive development for Finmeccanica but does not affect the company's current Ba1 senior unsecured debt rating. The rating outlook remains negative. "The sale further bolsters liquidity and affords some incremental...
fra/pec - 1166454
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency