18.02.2016 18:25:00

Solocal Group S.A. -- Moody's downgrades Solocal's ratings to Caa2; outlook negative

London, 18 February 2016 -- Moody's Investors Service has today downgraded the ratings of Solocal Group S.A.'s ("Solocal", "the company"), including the Corporate Family Rating (CFR) to Caa2 from B3, the Probability of Default Rating (PDR) to Caa2-PD from B3-PD and the rating of the EUR350 million senior secured notes due 2018 issued by PagesJaunes Finance & Co. S.C.A. to Caa2 from B3. The outlook on all ratings is negative.

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