Alstom hybrid success draws battle lines in IG rating defence
![Tours, France sleek tram catenary-free, using underground power in city center. Alstom Citadis 402 cars light rail service began 2013](https://assets.euromoneydigital.com/dims4/default/cd68cbd/2147483647/strip/true/crop/5216x3180+0+0/resize/840x512!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fbc%2F67%2Fdfb3fcd641db99cee6576d60dff5%2Fw6rj1f.jpg)
An €8bn book for its debut hybrid puts company in strong position ahead of rights issue
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