Having placed Peugeot SA on review for a downgrade on 15 February, Moody’s Investors Investors Service has now formally lowered its rating on the French OEM by one notch to ‘B1’, four levels below investment grade, from ‘Ba3’ previously. Scepticism regarding PSA’s short-term financial targets is now widespread among rating agencies, Subscribe to Automotive World … Continued
Having placed Peugeot SA on review for a downgrade on 15 February, Moody’s Investors Investors Service has now formally lowered its rating on the French OEM by one notch to ‘B1’, four levels below investment grade, from ‘Ba3’ previously.
Scepticism regarding PSA’s short-term financial targets is now widespread among rating agencies,
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https://www.automotiveworld.com/articles/moodys-downgrades-psa-peugeot-citroen-to-b1/
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