Moody's: Styrolution view stable

Moody's Investors Service said it affirmed the B2 corporate family rating of Styrolution Group GmbH and its rating on €480 million of senior secured guaranteed notes due in 2016.

The outlook was changed to stable from negative.

"We have changed the outlook on Styrolution's B2 rating to stable from negative following the company's adequate financial performance for the recently reported financial year ended 31 December 2012, as a result of which we now expect that it will maintain its current profitability levels and liquidity profile," Moody's vice president, senior analyst and lead analyst for Styrolution Anthony Hill said in a news release.

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