Brief: Moody's downgrades German auto parts supplier Hella to Ba1 from Baa3, with outlook as 'stable'

HELLA GmbH & Co KgaA

16/12/2024 17:54

Dec 16 (Reuters) - HELLA/FORVIA:
    * MOODY'S RATINGS DOWNGRADES HELLA'S RATINGS TO BA1 FROM
BAA3;
OUTLOOK STABLE
    * MOODY'S: DOWNGRADE OF HELLA'S RATINGS TO BA1 REFLECTS
WEAKENED
CREDIT PROFILE OF ITS MAJORITY OWNER FORVIA SE

Source text:  ID:nMDYcc18Lp 

 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))