OHLA Faces Credit Rating Downgrade by Moody’s

Obrascon Huarte Lain (ES:OHLA) has released an update.

Moody’s has downgraded Obrascon Huarte Lain’s corporate credit and bond ratings from Caa1 to Caa2, indicating a negative outlook. This action reflects the ongoing negotiations with bondholders and the consent obtained to postpone coupon payments.

For further insights into ES:OHLA stock, check out TipRanks’ Stock Analysis page.