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(AFX UK Focus) 2009-10-30 07:51
BRIEF-Moody's cuts Japan Airlines International
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LONDON, Oct 30 (Reuters) - Japan Airlines International Co Ltd (JALI) :

  • MOODY'S LOWERS JALI TO CAA1 FROM B1; PUTS COMPANY ON REVIEW FOR FURTHER POSSIBLE DOWNGRADE

  • MOODY'S SAYS DOWNGRADE OF JAPAN AIRLINES INTERNATIONAL REFLECTS NCREASING CONCERNS OVER LEVERAGE, PENSION LIABILITIES AND INEFFICIENT SERVICE NETWORK

  • MOODY'S SAYS RISK OF DEBT RESTRUCTURING HAS INCREASED, RATING MAY BE CUT
    further depending on level of losses incurred by lenders

    (London Corporate Finance; +44 207 542 9202)

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