Moody’s Assigns Ba3 Rating to Globaltrans; Positive Outlook
OREANDA-NEWS. November 25, 2011. Globaltrans Investment PLC (the “Company” and together with its consolidated subsidiaries “Globaltrans” or the “Group”; LSE ticker GLTR) announces that Moody’s Investors Service has assigned to Globaltrans a Ba3 corporate family rating and probability of default rating with a positive outlook.
Concurrently, Moody's has affirmed the B1 senior unsecured rating assigned to the RUB3 billion domestic bond issued by Globaltrans' subsidiary New Forwarding Company and guaranteed by Globaltrans, and changed the outlook from stable to positive.
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