Report
EUR 228.60 For Business Accounts Only

International Paper Company: Update to credit analysis - Improved balance sheet and business profile post paper spin off

Our credit view of this issuer reflects its leading containerboard position and excellent liquidity, constrained by its exposure to the cyclicality of market pulp.
Underlying
Interpump Group S.p.A.

Interpump Group manufactures and markets high and very high-pressure plunger pumps, very high pressure systems, oil pressure power takeoffs and other hydraulic products, and electric motors and windings. Co.'s activities are divided into three main sectors: hydraulic sector includes the production and sale of power take-offs and other hydraulic components; industrial sector mainly composed of high and very high-pressure pumps and pumping systems used in a wide range of industrial sectors for the conveyance of fluids; and electric motor comprises the production and sale of windings and electric motors.

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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