Moody's may lower Mauser Beteiligungs

Moody's Investors Service said it placed the ratings of Mauser Beteiligungs GmbH under review for possible downgrade following the recent announcement that the company intends to acquire the assets of Russell-Stanley Holdings Inc.

While Moody's said it acknowledges the acquisition will position Mauser as the No. 2 global provider of industrial packaging, the agency expects this large acquisition will pose a significant challenge in terms of integration.

Moody's placed the company's corporate family rating of B2 and its 9 1/8% senior notes due 2013 rated Caa1 on review for downgrade.

© 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.