|Bid||2.605 x 200000|
|Ask||2.670 x 189600|
|Day's Range||2.510 - 2.637|
|52 Week Range||2.510 - 5.455|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 26, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.28|
Moody's Investors Service, ("Moody's") has today confirmed the B3 corporate family rating (CFR) and the B3-PD probability of default rating (PDR) of Spanish construction company Obrascon Huarte Lain S.A. ("OHL" or "group"). Concurrently, Moody's confirmed the B3 instrument ratings on the group's senior unsecured notes due 2020, 2022 and 2023. The rating action follows the group's successful completion of the sale of OHL Concesiones S.A.U. (OHL Concesiones) to IFM Global Infrastructure Fund (IFM), guidance on its future business strategy and redemption of almost all bank debt and a portion of its senior unsecured notes due 2020, 2022 and 2023.
Announcement: Collectif Sante Montreal's Baa2 rating and negative outlook not impacted by planned change of construction company for Phase 2. Global Credit Research- 12 Dec 2017. CAD1, 370 million of rated ...
Rating Action: Moody's upgrades OHL to B3, under review for further upgrade. Global Credit Research- 01 Dec 2017. Frankfurt am Main, December 01, 2017-- Moody's Investors Service, has today upgraded to ...
Spanish builder OHL said on Friday it was looking to sell between 25 percent and 40 percent of is concessions affiliate in an effort to find the unit a partner by the end of the year. It had received a number of offers for a stake in the affiliate OHL Concesiones SA, the company said during a conference call. On Thursday, OHL said it was evaluating the possibility of incorporating a significant minority shareholder at the wholly owned subsidiary and would use the proceeds to reduce its net debt.