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Moody's: European high yield gaming sector convenants still offer 'moderate' protection for investors

Announcement: Moody's: European high yield gaming sector convenants still offer' moderate' protection for investors. Global Credit Research- 12 Jun 2017. London, 12 June 2017-- European gaming sector high yield bond covenants continue to provide investors with a' moderate' level of protection, despite the average overall covenant quality score for the sector dipping slightly to CQ3.30 in 2016 from CQ2.91 between 2011 and 2015, says Moody's Investors Service in a report published...
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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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