Moody's downgrades Alcoa to junk

CREDIT ratings agency Moody’s Investors Service has downgraded Alcoa’s senior unsecured debt ratings to Ba1, which is considered “junk” status.

Moody's downgrades Alcoa to junk Moody's downgrades Alcoa to junk Moody's downgrades Alcoa to junk Moody's downgrades Alcoa to junk Moody's downgrades Alcoa to junk

The previous rating was Baa3, but the company was placed under review in December due to declining aluminium prices.

The rating outlook is stable.

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