Moody's downgrades Rogers' rating to Baa3 on Shaw acquisition; outlook is stable
Moody's Investors Service ("Moody's") downgraded Rogers Communications Inc.'s ("Rogers") unsecured notes ratings to Baa3 from Baa1, senior unsecured shelf ratings to (P)Baa3 from (P)Baa1, subordinated notes ratings to Ba2 from Baa3, and commercial paper rating to Prime-3 (P-3) from P-2. The outlook ...
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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