Moody’s has changed its outlook on AP Moller-Mærsk’s Baa1 senior unsecured rating to stable from positive in the face of weaker market conditions.
“Our decision to change the outlook to stable from positive primarily reflects the challenging market conditions affecting most of Maersk’s business units, particularly its two largest, Maersk Line and Maersk Oil,” says Marie Fischer-Sabatie, Moody’s lead analyst for the issuer.
“It
