Moody’s still looking at MMC ratings
Moody's Investors Service announced today that it is continuing its review for possible downgrade of the long-term (senior unsecured at Baa2) and short-term (commercial paper at Prime-2) credit ratings of Marsh & McLennan (MMC).
MMC recently announced that on November 17, 2004, the company entered into a commitment letter (subject to certain customary conditions) for a new $1bn term loan facility and proposed amendment to itsOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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