01.10.2014 13:03:00
|
Mechel OAO -- Moody's downgrades Mechel's CFR and PDR to Caa3 and Ca-PD; negative outlook
London, 01 October 2014 -- Moody's Investors Service, (Moody's) has today downgraded Mechel OAO's corporate family rating (CFR) and probability of default rating (PDR) to Caa3 and Ca-PD, respectively from Caa1 and Caa1-PD. The outlook on all ratings remains negative.