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Moody's Assigns B2 Corporate Family Rating To Schaeffler

FRANKFURT -(Dow Jones)- Rating firm Moody's Investors Service said Friday that it assigned a B2 corporate family rating and a B2 probability of default rating to German engineering firm and car-parts maker Schaeffler AG. MAIN FACTS: - Moody's assigned a provisional (P)B1 rating to Schaeffler's syndicated senior term loan facility C2 and a provisional (P)B1 rating to Schaeffler's planned bond issue. - The outlook on the ratings is stable. - Privately-held Schaeffler is the dominant shareholder of Continental AG (CON.XE). -Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500

Stock News for Moodys (MCO)
DateTimeHeadline
05/10/201310:40:11Co-operative Bank Chief Resigns
05/03/201308:20:05Moody's Profit Up 8.6%, Raises Year View
05/01/201319:50:28Buffett's Berkshire Sells 1.75 Million Moody's Shares -Filing
04/30/201315:51:39FX Call 1915 GMT News Briefing
04/29/201318:10:11Ratings Firms, Morgan Stanley to Pay $225 Million
04/29/201317:00:48MARKET SNAPSHOT: S&P 500 Hits Record-high Finish
04/29/201316:00:27MARKET SNAPSHOT: S&P 500 Sets Up For Record-high Finish
04/29/201313:26:41MARKET SNAPSHOT: S&P 500 Readies For Record-high Finish
04/29/201311:37:19MARKET SNAPSHOT: U.S. Stocks Start Week Higher On Earnings
04/25/201305:59:14Correction to Hungarian Banks in Moody's Stress Test Story
04/18/201306:20:19Germany's Key Institutes Forecast 1.9% Growth in 2014
04/08/201311:41:25Nordea Sells EUR1.5 Billion 5Y Bond At 99.938, Swaps +0.55
03/28/201309:41:23Moody's Ireland Analyst Upbeat on Ireland, But Negative Outlook...
03/25/201319:20:15J.P. Morgan Sells First Mortgage Bond Since Financial Crisis
03/20/201310:53:35Hungary's MKB Bank Cancels Moody's Rating Contract Post Downgrade
03/07/201320:01:07Moody's Retains Negative Outlook on Austrian Banks
03/07/201319:45:13Moody's Reiterates Negative Outlook On Austrian Banking Sector
03/06/201309:20:09U.S. Private-Sector Jobs Jump 198,000
03/06/201308:59:08ADP: February Private-Sector Jobs Up 198,000, Better Than Expected
02/13/201309:05:18U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH

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