OREANDA-NEWS. Moody's Investors Service, ("Moody's") has today assigned a long-term Ba3 corporate family rating and Ba3-PD probability of default rating to stevedore company Global Ports Investments Plc (GPI). This is the first time Moody's has assigned a rating to GPI. The outlook on all ratings is negative.

A corporate family rating (CFR) is an opinion of the GPI group's ability to honour its financial obligations and is assigned to GPI as if it had a single class of debt and a single consolidated legal structure.