Peugeot-Moody’s raised its rating to Ba2, outlook stable – Boursorama

 April 5 (Reuters) – Moody’s Investors Service said Tuesday it has raised to Ba2 from Ba3 its credit rating PSA Peugeot Citroen PEUP.PA, with a perspective that goes to stable from positive. “The increase in the rating of Peugeot is a recognition of the successful implementation of its industrial plan for reconstruction and the potential for further improvement in results over the next 12-18 months with the launch of new models, dynamics positive of the western European market and the pursuit of the group’s rationalization efforts, “writes the rating agency said in a statement citing the analyst who follows the group, Yasmina Serghini. The statement (in English):  http://www.moodys.com/page/viewresearchdoc.aspx?docid=PR_346779&WT.mc_id=AM~UmV1dGVyc05ld3NfU0JfUmF0aW5nIE5ld3NfQWxs~20160405_PR_346779 (Veronique Tison for the French service) 

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