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OHLA Faces Moody’s Downgrade Amidst New Offers

OHLA Faces Moody’s Downgrade Amidst New Offers

Obrascon Huarte Lain (ES:OHLA) has released an update.

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Moody’s has downgraded Obrascón Huarte Lain’s corporate and bond ratings to Caa1, citing a negative outlook, a decline from the previous B3 rating with a stable outlook. This downgrade occurred prior to OHLA’s announcement of receiving two non-binding offers.

For further insights into ES:OHLA stock, check out TipRanks’ Stock Analysis page.

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