Compagnie Gener. des Etablissements Michelin — Moody’s affirms Michelin’s A3/P-2 ratings, outlook stable

Moody’s Investors Service, (“Moody’s”) has today affirmed all ratings of Compagnie Generale des Etablissements Michelin (CGEM, Michelin, or the group), including the issuer ratings of A3 for CGEM and Compagnie Financiere Michelin SCmA (CFM), a wholly owned subsidiary of CGEM and parent company of Michelin Luxembourg SCS (MiLux). Concurrently, Moody’s has affirmed the short-term Prime-2 (P-2) ratings of CGEM and CFM.
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