Credit Rating

Issuer  Long-term rating Outlook
Moody's Baa3 Stable 
Standard & Poor's  BB+ Positive 

 

Moody's

Date Revision Rating Outlook
January 2011 Initiate Ba2 stable
November 2011

 Downgrade

Ba3

negative

November 2012

 Downgrade

B1 negative
May 2014 Outlook revision  B1 positive
November 2014 Upgrade Ba3 positive
April 2015 Upgrade Ba2 positive
February 2016 Upgrade Ba1 stable
February 2017 Upgrade Baa3 stable

 

Standard & Poor’s

Date Revision Rating Outlook

April 2011

Initiate

BB stable

October 2011

Outlook revision

BB negative

June 2012

Downgrade

BB- negative

November 2012

Downgrade B+ negative

July 2014

Outlook revision

B+ positive

November 2014

Upgrade

BB- stable

April 2015

Upgrade BB stable

December 2015

Upgrade BB+ stable

January 2017

Outlook revision BB+ positive