Moody's upgrades Arrow Global Group PLC's Corporate Family Rating to Ba3; Outlook Stable
London, 14 February 2017-- Moody's Investors Service has today upgraded to Ba3 from B1 the Corporate Family Rating of Arrow Global Group PLC. Moody's has also upgraded to Ba3 from B1 the ratings of the backed senior secured notes issued by Arrow Global Finance plc, a wholly-owned subsidiary of Arrow. The outlook is stable on all ratings.Arrow Global Group's principal activity is to identify, acquire and manage secured and unsecured defaulted loan portfolios from financial institutions, such as banks and credit card companies, as well as retail chains, student loans, motor credit, telecommunication firms and utility companies. Co.'s activities can be divided into three phases: origination and underwriting, which includes debt purchase and sourcing of servicing contracts; asset management, which includes management of Co.- owned debt purchase accounts, master servicing, consortium structures, and data insights and analytics; and repayment – hybrid collections model, which includes in-house collections, and panel management.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.