In mid-August and the start of September, rating agency Moody’s has twice downgraded Lecta, first from B2 to B3 and then to Caa1. Moody’s explained the assignment of Caa1 rating with "increasing likelihood that Lecta’s credit metrics will remain weak with limited prospects for improvements over the next 12-18 ...
Rating agency Moody’s downgrades Lecta to Caa1
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