Issa brothers face fresh blow as Moody’s downgrades EG Group debt

// Moody’s downgrades EG Group from corporate family rating to B3 from B2 and its probability of default from B2-PD to B3-PD
// Another blow for Issa brothers after abrupt departure of Deloitte
// Moody’s cites “limited progress in terms of financial reporting and governance” as reason by downgradeThe billionaire businessmen on track to buy Asda this week saw their debt rating cut by credit agency Moody’s.
Zuber and Mohsin Issa’s petrol station empire EG Group