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Moody's says HNA Ecotech's change of control offer is credit positive; but has no immediate rating impact

Hong Kong, February 07, 2017-- Moody's Investors Service says that HNA Ecotech Panorama Cayman Co. Ltd.' s-- formerly known as BCP VI Cayman Financing Co. Ltd.-- change of control offer for the USD275 million 8% senior secured notes guaranteed by Pactera Technology International Ltd. is credit positive for Pactera, but will not immediately affect Pactera's B3 corporate family rating or the negative outlook. "The offer is credit positive because it will potentially improve...
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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:

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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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