Report
EUR 166.88 For Business Accounts Only

Moody's: NH Hotels' proposed add-on will have no impact on ratings

Announcement: Moody's: NH Hotels' proposed add-on will have no impact on ratings. Global Credit Research- 24 Mar 2017. London, 24 March 2017-- Moody's Investors Service, noted that Spanish hotel company NH Hotel Group S.A.' s proposed additional E115 million of senior secured notes due 2023 will have no impact on the company's ratings, including its B2 Corporate Family Rating and Ba3 instrument rating.
Underlying
NH Hotel Group SA

NH Hotel is engaged in the operation and management of hotels throughout Spain, the Benelux countries, Germany, and South America.

Provider
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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