Metal, Glass and Plastic Packaging – Global: Modest volume growth means continued stress on spec-grade packagers
Debt is peaking for the packaging sector and lower-rated companies with heavy, floating-rate debt loads will be slow to reduce leverage because of high rates and limited cash generation.
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:
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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.
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