.. subcription
    .. rss channels
    .. press releases
    .. contacts

            september 18, 2019

.. in english  .. по-русски  .. latviski    

Busworld 2019

CIBE 2019

LKW Walter

  .. sitemap ..

  .. publications ..

  .. news ..

  .. advertisement ..

LKW Walter
LKW Walter Rus
  .. partners ..


Moody's downgrades SAS credit rating one step with negative outlook


SAS credit rating was today downgraded by one step from B3 to Caa1 for the company's long-term rating. The outlook is negative reflecting the industry's negative trend.   
The downgrade is mainly a result of the weakening development in earnings due to increased yield pressure in the market.  
Moody's recognizes SAS Group's measures in the Core SAS strategy to improve profitability and that it holds SEK 10 billion in financial preparedness (cash and undrawn facilities).  
The downgrade does not affect any of the SAS Group's loans or credit facilities. 

.. search ..