Moody’s downgrades Lafarge, outlook stable

Moody’s downgrades Lafarge, outlook stable
08 August 2011


Credit rating agency Moody’s downgraded on Friday the long-term senior unsecured ratings of Lafarge to Ba1 from Baa3.

The change comes after earlier this week Moody’s placed Lafarge’s rating under review for downgrade.
Now the rating agency gave a "stable" outlook on the rating.
Published under Cement News