Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2

Rating Action:
Moody's places Navios Acquisition on negative outlook; corporate family at B3

22 May 2018
London, 22 May 2018 -- Moody's Investors Service today affirmed the corporate family and senior secured note ratings of Navios Maritime Acquisition Corporation ("Navios Acquisition," "NNA") at B3, its probability of default rating at B3-PD, and revised its rating outlook to negative from stable.



"The revision of NNA's outlook to negative is an indication of continuing pressure on the company's performance and by extension its credit metrics from the weakness in the tanker market," says Maria Maslovsky , a Moody's Vice President -- Senior Analyst and the lead analyst for Navios Acquisition. "The tanker market is struggling to absorb oversupply of vessels which is particularly pronounced on the crude side and which we do not expect to improve meaningfully in 2018," adds Maslovsky.
 

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