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Fitch Ratings Downgrades Finmeccanica SpA's Long and Short-Term Issuer Default Rating-Reuters


Monday, 15 Jul 2013 08:00pm EDT 

Reuters reported that Fitch Ratings has downgraded Finmeccanica SpA's Long-term Issuer Default Rating (IDR) to BB+ from BBB- and Short-term IDR to B from F3. The agency has also downgraded Finmeccanica Finance SA's and Meccanica Holding Inc's senior unsecured ratings to BB+ from BBB-. The Outlook on the Long-term IDR is Negative. All ratings have been removed from Rating Watch Negative. 

Company Quote

6.735
-0.175 -2.53%
11:34am EDT