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Banque PSA Finance Downgraded by Moody’s


Moody’s Investors Service downgraded Banque PSA Finance to one level below the investment grade. Today, April 16th, Moody’s announced that PSA Peugeot Citroen’s bank, Banque PSA Finance, was downgraded one step from Ba1 to Baa3. The outlook is stable which means that the rating will not be reduced again any time soon. In 2012 Peugeot arranged for French state guarantees of ...
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More moody’s articles

Moody’s Cut Peugeot’s Debt From Ba3 to B1
Moody’s Investors Service downgraded PSA Peugeot Citroen to four levels below investment grade. Moody’s downgraded Peugeot’s rating to B1 from Ba3, according to Falk Frey, a Frankfurt-based analyst at Moody’s, saying ...
Moody’s Investors Service Upgraded Chrysler’s rating to B2
Recently Moody's Investors Service upgraded Chrysler ‘s rating from B1 to B2. Moody’s seems confident that Chrysler will manage to continue its turnaround, and increased its rating on about $8 billion ...
Peugeot to sign €5.3 billion loan for its bank unit next week, report says
PSA Peugeot Citroen will sign about €5.3 billion of loans for its bank unit in the next week after lenders offered more than it was originally estimated. According to two people ...
Moody’s plans to downgrade Aston Martin as cash reserves diminish
Aston Martin has been put under review by Moody's Investors Service for a credit downgrade as the luxury carmaker spends money from its cash reserves. The British carmaker controlled by Investment ...
Fiat and PSA Downgraded by Moody’s, VW Widens Finance Edge
After Moody’s downgraded Fiat and PSA, Volkswagen expanded its auto financing edge in Europe. Moody’s downgraded both Fiat and PSA Peugeot Citroen from Ba2 to Ba3, while Volkswagen remains at A3, ...
Moody’s Downgrades Peugeot to Ba3
Recently Moody’s Investors Service downgraded Peugeot’s ratings from Ba2 to Ba3, concluding the review started on July 26th. The agency’s negative ratings are the result of the restructuring plan PSA Peugeot ...
Moody’s Plans to Downgrade Peugeot
Friday, July 13th, Moody's Investors Service placed Peugeot’s Ba1 credit rating under review for a downgrade, making the company’s shares tumble 8.9% in midday action. Moody's Investors Service took the decision ...

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