Frankfurt am Main, August 10, 2015 -- Moody's Investors Service, ("Moody's") has today withdrawn the Ba1 corporate family rating and Ba1-PD probability of default rating of Lafarge S.A. (Lafarge). Concurrently, Moody's upgrades to Baa2 from Ba1 the senior unsecured ratings, to (P)Baa2 from (P)Ba1 the senior unsecured EMTN programme ratings for Lafarge and its rated and guaranteed subsidiaries and to (P)Baa3 from (P)Ba2 the subordinated EMTN programme ratings following the merger with Holcim Ltd renamed LafargeHolcim Ltd (LafargeHolcim). The outlook is stable.
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