Moody's rates Kawasaki Kisen CFR Ba2

Moody's Japan K. K. said it assigned a corporate family rating of Ba2 to Kawasaki Kisen Kaisha, Ltd.

The outlook is stable.

The Ba2 corporate family rating reflects (a) Moody's expectations for ongoing improvements in leverage, based on cost cuts; (b) the diversified nature of the company's business portfolio within the shipping segment; (c) its large scale, when compared to globally rated shipping peers; and (d) the importance of the shipping industry to the Japanese economy.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.