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 PRESS RELEASE

Provident Bank’s Community Partnership Program Donates Over $892,000 t...

Provident Bank’s Community Partnership Program Donates Over $892,000 to Local Non-Profit Organizations Since 2006 RIVERSIDE, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc., NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B. (“Provident Bank”) has donated over $892,000 to local non-profits with their Community Partnership Program (“Program”) since the Program’s inception in 2006. For the year ending 2023, Provident Bank donated more than $49,000 to local non-profit organizations such as service groups, parent teacher associations, homeown...

CLO Interest: April 2024 Edition

This newsletter provides a compendium of articles about US and European CLOs.

Northumbrian Water Ltd.: Update to credit analysis

Our credit view of this issuer reflects its generally strong operational performance, against Northumbrian Water.

Pella Community School District, IA: Update to credit analysis

Our view of this credit reflects its reserves that are expected to remain adequate following a decrease, moderate leverage following recent and current issuances

Moody’s Ratings affirms Progressive’s ratings (A2 senior unsecured); o...

New York , April 30, 2024 – Moody's Ratings (Moody's) has affirmed the A2 senior unsecured debt rating of The Progressive Corporation (Progressive; NYSE: PGR) and the Aa2 insurance financial strength (IFS) ratings of its primary property-casualty insurance operating subsidiaries. The outlook for Pro...

Boerne Independent School District, TX: Update to credit analysis

Our credit view highlighting the district's expanding economy leading to improved enrollment, strong financial profile and a high yet manageable leverage.

Government of El Salvador: Debt repurchase marginally reduces repaymen...

El Salvador partially bought back its 2025, 2027 and 2029 bonds and issued a $1 billion bond, marginally decreasing repayment risk.

Town of Hempstead, NY: Update to credit analysis following negative ou...

Our credit view of this issuer reflects its strong local economy and still solid reserves off set by structurally imbalanced budgets.

Banco de Galicia y Buenos Aires S.A.U.: Update to credit analysis

Our credit view of this issuer reflects its ample liquidity buffers, against its direct and indirect exposure to the sovereign, mainly through sizeable holdings of central bank debt.

Century Aluminum Company: Update to credit considerations following ou...

Our credit view of this issuer reflects its good market position and strengthening liquidity tempered by its historical operational inconsistency and weak margins

Moody's Ratings downgrades Hearthside's CFR to Caa3; outlook remains n...

Moody's Ratings (Moody's) downgraded H-Food Holdings, LLC's ("Hearthside") Corporate Family Rating ("CFR") to Caa3 from Caa1 and Probability of Default Rating ("PDR") to Caa3-PD from Caa1-PD. Moody's also downgraded the ratings on the company's senior secured first lien revolving credit facility and...

 PRESS RELEASE

Liberty Gold Upsizes Non-Brokered Private Placement Financing to C$12....

Liberty Gold Upsizes Non-Brokered Private Placement Financing to C$12.5 Million VANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce the successful upsizing of its non-brokered, private placement financing from C$9.5 million to C$12.5 million (the “Offering”). The terms of the Offering remain unchanged and will consist of the issuance of up to 35,715,362 units of the Company (the “Units”) at an issue price of C$0.35 per Unit. Each Unit will consist of one common share of Li...

Calgary Airport Authority (The): Update to credit analysis

Our credit view of this issuer reflects its unfettered right to set rates, fees and charges to meet all obligations, offset by its significant concentration risk.

Moody's Ratings revises Alaska's outlook to positive and affirms ratin...

Moody's Ratings (Moody's) has revised the State of Alaska's outlook to positive from stable, in view of the state's improved budgetary reserve fund balance, its conservative financial management, substantial reductions in long-term liabilities and progress on large North Slope projects that will sup...

Transocean Inc.: Improved deepwater market and robust backlog provide ...

Our credit view of this issuer reflects its contracted revenue backlog of $8.9 billion, constrained by its high debt levels and complex capital structure.

Moody's Ratings assigns a rating to one class of notes issued by Voya ...

Moody's Ratings (Moody's) has assigned a rating to one class of notes issued by Voya CLO 2024-1, Ltd. (the "Issuer" or "Voya 2024-1"). Moody's rating action is as follows: U.S.$328,600,000 Class A-1 Senior Secured Floating Rate Notes due 2037 (the "Class A-1 Notes"), Definitive Rating Assigned A...

BX Commercial Mortgage Trust 2024-MDHS: Pre-Sale – $1.38 billion CMBS ...

Our credit view of BX Commercial Mortgage Trust 2024-MDHS, including our analysis of the asset and the securitization structure.

 PRESS RELEASE

NOVONIX Announces Participation in May Investor Events

NOVONIX Announces Participation in May Investor Events BRISBANE, Australia, May 01, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in May 2024: Canaccord Genuity 3rd Annual Global Metals & Mining Conference to be held in Palm Desert, CA on May 7th and May 8th;Citi’s 2024 Energy and Climate Technology Conference to be held in Boston, MA on May 14th and 15th;J.P. Morgan 2nd Annual North...

Moody’s Ratings affirms NN’s LT issuer rating at A3, stable outlook

Paris , April 30, 2024 – Moody's Ratings (Moody's) today affirmed NN Group N.V.'s ("NN") long-term (LT) issuer rating at A3, and maintained the outlook at stable. Moody's has also affirmed the subordinated debt rating of NN at Baa1(hyb) and the senior unsecured MTN programme rating at (P)A3. NN is ...

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