DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Rating
Steinhoff - MOODY'S INVESTORS SERVICE DOWNGRADES STEINHOFF TO Caa1 CORPORATE FAMILY RATING, RATING ON REVIEW FOR FURTHER DOWNGRADE Steinhoff International Holdings N.V. (the "Company") Stellenbosch, 28 December 2017 Investors are advised that Moody's Investors Service (Moody's) has on 28 December 2017 downgraded certain of the Steinhoff group's ratings. Investors are referred to the rating action notice released by Moody's for any additional information, which is available on the Moody's website at: https://www.moodys.com/research/--PR_376696 Steinhoff remains in discussion with the group's lenders seeking their on-going support as well as further funding for the group so as to meet short-term liquidity needs and enhance the stability of the group's operations. Shareholders and other investors in the Company are advised to exercise caution when dealing in the securities of the group.
28.12.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Steinhoff International Holdings N.V. |
Herengracht 466 | |
1017 CA Amsterdam | |
Netherlands | |
Phone: | +27218080700 |
Fax: | +27218080800 |
E-mail: | investors@steinhoffinternational.com |
Internet: | www.steinhoffinternational.com |
ISIN: | NL0011375019 |
WKN: | A14XB9 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
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