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Moody's downgrades RentPath, LLC's PDR to D-PD upon bankruptcy filing

Rating Action: Moody's downgrades RentPath, LLC's PDR to D-PD upon bankruptcy filing. Global Credit Research- 14 Feb 2020. New York, February 14, 2020-- Moody's Investors Service downgraded RentPath, LLC's probability of default rating to D-PD from Caa3-PD upon the company's commencement of voluntary bankruptcy proceedings through a prepackaged plan of reorganization under Chapter 11 of the United States Bankruptcy Code.
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:

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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.

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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