Moody’s might lower SABMiller

Moody's Investors Service said it changed its review of SABMiller plc's A3 long-term senior unsecured ratings to a review for downgrade from direction uncertain.

At the same time, the agency confirmed the Prime-2 short term ratings of SABMiller and certain subsidiaries, as well as the Prime-1.za short term national scale rating of Sabsa Holdings Ltd. The long-term national scale ratings of Aaa.za assigned to Sabsa Holdings remain under review for downgrade, where they were placed on May 11 following the recalibration of the South African national ratings scale.

This review follows the downgrade of the senior unsecured long-term rating of Anheuser-Busch InBev SA/NV and its guaranteed subsidiaries to A3 from A2 on May 25.

© 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.