03.12.2013 15:57:00
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OTE PLC -- Moody's upgrades OTE's rating to B2 from Caa1; stable outlook
Madrid, December 03, 2013 -- Moody's Investors Service has today upgraded the corporate family rating (CFR) of Hellenic Telecommunications Organization S.A. (OTE) by two notches to B2 from Caa1. Concurrently, Moody's has upgraded the company's probability of default rating (PDR) by three notches to B2-PD from Caa2-PD.
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