Moody's: New Look's credit quality to outperform House of Fraser and Matalan into 2018
London, 19 January 2017-- Lower leverage, stronger interest cover, greater profit growth potential and the flexibility to boost free cash flow combine to place UK retailer New Look Retail Group Limited's credit quality ahead of peers House of Fraser Limited and Missouri TopCo Limited in the next 12 to 18 months, says Moody's Investors Service in a new report. Moody's report, titled "House of Fraser, Matalan and New Look: Peer Comparison- New Look Has Most Scope and Time For Profit...
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.