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Government of Brazil – Ba2 positive: Update following rating affirmati...

Our credit view of this issuer reflects its large and diversified economy, against its relatively high government debt and interest burdens.

Rancho Santiago Comm. Coll. Dist., CA: Update following upgrade of GOU...

Our view of the CCD and CID reflects the sizeable tax bases, healthy financial reserves and liquidity, and manageable debt burden.

 PRESS RELEASE

Thorpedo Anna Claims the Lilies for the 150th Running of the Longines ...

Thorpedo Anna Claims the Lilies for the 150th Running of the Longines Kentucky Oaks Kentucky Oaks Day Record Handle LOUISVILLE, KY., May 03, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") announced a new Kentucky Oaks Day handle record at Churchill Downs Racetrack as Thorpedo Anna captured the Lilies in the 150th running of the Longines Kentucky Oaks. Even under cloudy skies, 107,236 enthusiastic race goers gathered to watch America’s premier race for 3-year-old fillies. Wagering from all sources on the full Kentucky Oaks race day card...

 PRESS RELEASE

Anaergia Announces Additional Delay in the Filing of Its Audited Finan...

BURLINGTON, Ontario--(BUSINESS WIRE)-- Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) announced today that there will be an additional delay in the filing of its annual information form for the year ended December 31, 2023, audited annual consolidated financial statements for the year ended December 31, 2023, the related management’s discussion and analysis of financial condition and results of operations and CEO and CFO certificates relating to the audited annual financial statements as required by National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interi...

Moody's Ratings assigns a Aa2 to the City of Mayfield Heights, OH's ne...

Moody's Ratings (Moody's) has assigned a Aa2 to the City of Mayfield Heights, OH's $9 million General Obligation (Limited Tax) Aquatic and Community Center Bonds, Series 2024. Moody's maintains a Aa2 issuer rating on the city and a Aa2 on its outstanding general obligation limited tax (GOLT) bonds. ...

 PRESS RELEASE

Ultra Lithium Provides Bi-Weekly Default Status Report

Ultra Lithium Provides Bi-Weekly Default Status Report VANCOUVER, British Columbia, May 03, 2024 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSXV: ULT OTCQB: ULTXF Frankfurt: QFB) (“Ultra Lithium” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders (“NP 12-203”). On March 4, 2024, the Company announced that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with NP 12-203 due to it not being able to file its annual financial statements and management’s di...

Moody's Ratings assigns initial Baa1 to The Chicago School - Californi...

Moody's Ratings (Moody's) has assigned an initial Baa1 issuer rating to The Chicago School - California, Inc. (CA) and a Baa1 rating to the proposed up to $90 million of Revenue Bonds, The Chicago School, Series 2024. The bonds will be issued through the Illinois Finance Authority and are expected t...

Eden Valley-Watkins ISD 463, MN: Update following downgrade to A2

Detailed credit opinion highlighting above average resident income profile and full value per capita, narrow financial position, and somewhat elevated leverage.

Moody's Ratings assigns Aa3, Aa3, and Aa2 to DASNY's School Bond Pool ...

Moody's Ratings (Moody's) has assigned Aa3, Aa3, and Aa2 ratings to the Dormitory Authority of the State of New York's $788.9 million School Districts Revenue Bond Financing Program Revenue Bonds, Series 2024A, $54.1 million School Districts Revenue Bond Financing Program Revenue Bonds, Series 2024B...

 PRESS RELEASE

Canoo to Announce First Quarter 2024 Financial Results

Canoo to Announce First Quarter 2024 Financial Results Justin, TX, May 03, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter ended March 31, 2024 after market close on Tuesday, May 14, 2024. The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are invited to listen to the live webcast online . A replay of the webcast will be available shortly afterwards . Date: Tuesday, May 14, 2024Time...

Allegiant Travel Company: Update to credit analysis

Our credit view of this issuer reflects its differentiated business model with leading operating margins among smaller airlines and 737 order book that will prevent deleveraging.

Moody's Ratings affirms Centrais Eletricas Brasileiras SA - Eletrobras...

Moody's Ratings (Moody's) has today affirmed Centrais Eletricas Brasileiras SA - Eletrobras' (Eletrobras) Corporate Family Rating (CFR) at Ba2 and Baseline Credit Assessment (BCA) at ba3, outlook remains stable.               The rating action follows Moody's change in outlook on the Ba2 rating of...

Texas Trans. Comm.-Central TX Tpke. Sys., TX: Update to credit analysi...

Our credit view of this issuer reflects its strong traffic growth, constrained by its high leverage and escalating debt service profile.

Jonathan Chaplin
  • Jonathan Chaplin

Frontier Model Update

This note focuses on changes to the model following 1Q24 results. Earlier today, we published a review of results and comprehensive thoughts following the earnings call. The changes to estimates are minor. Our long-term thesis remains unchanged. Price target is $52.

FGI Acquisition Corp.: Update to credit analysis following upgrade of ...

Our credit view of this issuer reflects its broad geographic footprint and international presence and its strong niche market position with a few proprietary products.

Moody's Ratings upgrades the City of Celina, TX's Issuer and GOLT rati...

Moody's Ratings (Moody's) has upgraded the City of Celina, TX's issuer and general obligation limited tax (GOLT) ratings to Aa1 from Aa2. Moody's also has assigned the Aa1 rating on the city's anticipated $141,000,000 Tax and Waterworks and Sewer system (Limited Pledge) Revenue Certificates of Oblig...

DeKalb & LaSalle Counties CUSD 432 (Somonauk), IL: Update to credit an...

Our credit view of the district including a strong financial position, low long-term leverage and exposure to an underfunded retirement system.

 PRESS RELEASE

Grupo Aeroportuario del Pacifico Reports in April 2024 a Passenger Tra...

Grupo Aeroportuario del Pacifico Reports in April 2024 a Passenger Traffic Decrease of 7.3% Compared to 2023 GUADALAJARA, Mexico, May 03, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for April 2024, compared with April 2023. For April 2024, the total number of terminal passengers at GAP’s 12 Mexican airports decreased by 7.6%, compared to April 2023. Tijuana, Los Cabos, Guadalajara, and Puerto Vallarta presented a decrease in passenger traffic of 13.0%...

BorgWarner Inc.: Update to credit analysis - Positioned to manage tran...

Our credit view of this issuer reflects its good geographic and customer diversity, constrained by its margins challenged by increasing EV investments.

Ogunquit (Town of) ME: New issuer

Our credit view reflecting a small tax base dependent on tourism, stable finances, and moderate liabilities.

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