E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/24/2011 in the Prospect News High Yield Daily.

Moody's: MEMC unchanged

Moody's Investors Service said MEMC Electronic Materials, Inc.'s B1 corporate family rating is not immediately impacted by the suspension of operations at its Utsunomiya, Japan wafer production facility due to the earthquake disaster.

The agency said it does expect MEMC's temporary shutdown to delay production of silicon wafers and result in some minimal loss of revenues over the near term.


© 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.