EnerSys Inc.

EnerSys is a manufacturer, marketer and distributor of industrial batteries. The company also manufactures, markets and distributes products such as battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures. The company's product lines are: reserve power products, which are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications; and motive power products, which are used to provide power for electric industrial forklifts used in manufacturing, warehousing and other material handling applications.
  • TickerENS
  • ISINUS29275Y1029
  • ExchangeNew York Stock Exchange
  • SectorElectronic & Electrical Equipment
  • CountryUnited States

Analysts

EnerSys: Covenant Quality Post-Sale Snapshot: $300m 4.375% Senior Notes due 2027

EnerSys' covenant package scores in the middle tier of our three-tiered high yield scale (CQ5-Lite) because two of the three protections typically associated with a HY-lite bond are present.

ValuEngine Rating and Forecast Report for ENS

ValuEngine Rating and Forecast Report for ENS

ValuEngine Rating and Forecast Report for ENS

ValuEngine Rating and Forecast Report for ENS

ValuEngine Rating and Forecast Report for ENS

ValuEngine Rating and Forecast Report for ENS

EnerSys: Covenant Quality Post-Sale Snapshot: $300m 4.375% Senior Notes due 2027

EnerSys' covenant package scores in the middle tier of our three-tiered high yield scale (CQ5-Lite) because two of the three protections typically associated with a HY-lite bond are present.

Moody's assigns Ba3 rating to EnerSys' new senior unsecured notes; Ba2 CFR unchanged

Rating Action: Moody's assigns Ba3 rating to EnerSys' new senior unsecured notes; Ba2 CFR unchanged. Global Credit Research- 05 Dec 2019. New York, December 05, 2019-- Moody's Investors Service assigned a Ba3 rating to EnerSys' new senior unsecured notes due 2027. The Ba2 Corporate Family Rating and the Ba2-PD Probability of Default Rating are unchanged.

EnerSys - September 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

EnerSys: Update following downgrade to Ba2 CFR

Leading market position in concert with solid margins and cash flows support the credit profile, although organic growth challenges and increased leverage are a concern

Moody's downgrades EnerSys' ratings CFR to Ba2 and senior unsecured to Ba3; Outlook stable

Rating Action: Moody's downgrades EnerSys' ratings CFR to Ba2 and senior unsecured to Ba3; Outlook stable. Global Credit Research- 14 Nov 2019. Approximately $300 million of rated notes affected.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior