Report
EUR 217.56 For Business Accounts Only

Genworth Holdings, Inc.: Update following issuance of senior term loan

Our credit view of Genworth Holdings reflects the continuing delays in obtaining regulatory approvals and the need to develop alternative financing arrangements, absent a transaction.
Underlyings
General Electric Company

General Electric is a technology industrial company. The company's segments include: Power, which serves power generation, industrial, government and other customers with products and services related to energy production; Renewable Energy, which engineers and manufactures energy equipment and projects, grid solutions and digital services; Aviation, which designs and produces commercial and military aircraft engines, digital components, electric power and mechanical aircraft systems; Healthcare, which provides healthcare technologies; and Capital, which provides financial products and services that build on the company's industry capabilities in aviation, power, renewables, healthcare and other activities.

Genworth Financial Inc. Class A

Genworth Financial is a holding company. Through its subsidiaries, the company facilitates homeownership in United States and internationally by providing mortgage insurance products that allow people to purchase homes with low down payments while protecting lenders against the risk of default. Through its homeownership education and assistance programs, the company also helps people keep their homes when they experience financial difficulties. The company provides long-term care insurance products as well as service life insurance and fixed annuity products. The company has four operating business segments: United States Mortgage Insurance, Australia Mortgage Insurance, United States Life Insurance, and Runoff.

Provider
Moody's Investors Service
Moody's Investors Service

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. 

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