Fitch Downgrades Abengoa's (ABGB) Long-Term IDR to 'RD'
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/28/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Merck and Daiichi Sankyo withdraw lung cancer drug application
- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Fox Factory sells Marucci Sports for $225M, cuts debt
Moody's Cuts Abengoa's (ABGB) Probability of Default Rating to 'Ca-PD/LD'; Outlook Negative
December 11, 2015 11:33 AM ESTMoody's Investors Service, (Moody's) has downgraded Abengoa S.A.'s (Nasdaq: ABGB) probability of default rating (PDR) to Ca-PD/LD from Caa2-PD. Concurrently, Abengoa's corporate family rating (CFR) of Abengoa S.A. (Abengoa), and the senior unsecured ratings at Abengoa, Abengoa Finance, S.A.U. and Abengoa Greenfield, S.A., have been downgraded to Caa3, from Caa2. The outlook on the ratings is negative.
RATINGS RATIONALE
The downgrade reflects Abengoa's filing to the Irish Stock Exchange (ISE) that Abengoa S.A. has not paid the amounts payable with respect of certain... More
