MOODY’S CUTS PEUGEOT ‘S CREDIT RATING TO Ba2

Peugeot – Co.’s credit rating has been down graded from Ba1 to Ba2 by rating agency Moody’s. The downgrade was primarily on the the basis of its disappointing results and it could risk further downgrades unless the co. undertakes measures to cut costs and return to stable operations. (Bloomberg)

 



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