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Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of PPG Industries, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 10 December 2025 in which we reassessed the appropriateness of the ratings in the cont...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Prospect Capital Corporation (PSEC) and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 10 December 2025 in which we reassessed the appropriateness of the rati...

Moody's Ratings upgrades US Foods' CFR to Ba1

Moody's Ratings (Moody's) upgraded US Foods, Inc.'s (US Foods) corporate family rating (CFR) to Ba1 from Ba2 and its probability of default rating (PDR) to Ba1-PD from Ba2-PD. We also upgraded the senior secured bank credit facilities ratings to Ba1 from Ba2 and senior unsecured global notes ratings...

Moody's Ratings assigns Aaa to Florida HFC's Homeowner Mortgage Revenu...

Moody's Ratings (Moody's) has assigned a Aaa rating to the proposed $140 million of Florida Housing Finance Corporation's Homeowner Mortgage Revenue Bonds, 2026 Series 1 (Non-AMT) and $60 million of 2026 Series 2 (Federally Taxable). We maintain the Aaa ratings on the outstanding parity debt issued ...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Canadian Pacific Railway Company and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 9 December 2025 in which we reassessed the appropriateness of the ratings ...

AL GCX Holdings, LLC: Negative outlook reflects weaker leverage and co...

High leverage through mid-2026 with improving credit metrics thereafter.

Government of Bulgaria: Bulgaria returns to political instability, rai...

The government's collapse may impede the country's ability to complete remaining reform and investment milestones under the EU’s Recovery and Resilience Facility by the August 2026 deadline.

Moody's Ratings revises Jackson-Madison County General Hospital's (TN)...

Moody's Ratings (Moody's) has revised Jackson-Madison County General Hospital, TN's (d/b/a West Tennessee Healthcare, WTH) outlook to negative from stable and affirmed the A3 revenue bond rating. WTH had $328 million of total debt at fiscal year-end 2025. The revision of the outlook to negative re...

STERIS plc: Update to credit analysis following positive outlook

Our credit view of this issuer reflects its leading market position, product and customer diversity, and conservative financial leverage offset by its exposure to environmental risks.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Slovakia and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 4 December 2025 in which we reassessed the appropriateness of the ratings in the context of the re...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Finland and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 4 December 2025 in which we reassessed the appropriateness of the ratings in the context of the rel...

Moody's Ratings changes outlook on Trinidad & Tobago to negative, affi...

Moody's Ratings (Moody's) has today changed the Government of Trinidad & Tobago's outlook to negative from stable and affirmed the Ba2 long-term local and foreign currency issuer and senior unsecured ratings. The change in outlook to negative reflects rising external vulnerability, as liquid forei...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Egypt and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 4 December 2025 in which we reassessed the appropriateness of the ratings in the context of the relev...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Ecuador and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 9 December 2025 in which we reassessed the appropriateness of the ratings in the context of the rel...

City of Corpus Christi, TX: Update to credit analysis following downgr...

Our credit view of this issuer reflects severe water stress, reduced operating reserves, and material debt issuance planned over next few years to fund significant infrastructure investment.

Moody's Ratings affirms four and downgrades three classes of JPMCC 201...

Moody's Ratings (Moody's) has affirmed the ratings on four classes and downgraded the ratings on three classes in J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-PHH, Commercial Mortgage Pass-Through Certificates, Series 2018-PHH as follows: Cl. A, Downgraded to Caa1 (sf); previously o...

Moody's Ratings downgrades ratings on two classes of notes issued by B...

Moody's Ratings (Moody's) has downgraded the ratings on the following notes issued by Battalion CLO XXII Ltd.: U.S.$16,000,000 Class E Junior Secured Deferrable Floating Rate Notes due 2035, Downgraded to B1 (sf); previously on October 29, 2021 Assigned Ba3 (sf) U.S.$5,250,000 Class F Junior Secu...

Moody's Ratings assigns Baa1 rating to Constellation Energy's new seni...

Moody's Ratings (Moody's) assigned a Baa1 senior unsecured rating to Constellation Energy Generation, LLC's (Constellation) proposed notes to be issued in exchange for three series of notes issued by Calpine Corporation (Calpine) through an exchange offer by Constellation.  The outlook is stable.  T...

Moody's Ratings withdraws INNOVATE Corp's ratings at issuer's request

Moody's Ratings (Moody's) has withdrawn all ratings for INNOVATE Corp., including the Caa2 corporate family rating (CFR), Caa3-PD Probability of Default Rating (PDR), SGL-4 speculative grade liquidity rating and the Caa3 rating on its 8.5% senior secured notes due 2026. At the time of the withdrawal...

Pitney Bowes Inc.: Update to analysis

Our credit view of this issuer reflects its leading market position and improved credit metrics, constrained by its elevated leverage given revenue declines.

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