Moody's Investors Service (Moody's) downgraded Domtar Corporation's (Domtar) corporate family rating (CFR) to Ba3 from Ba2 and the probability of default rating (PDR) to Ba3-PD from Ba2-PD. Moody's also downgraded the rating on the senior secured bank credit facility to Ba3 from Ba2, the rating on t...
Moody's Investors Service ("Moody's") confirmed Domtar Corporation's (Domtar) Ba2 corporate family rating ("CFR"), Ba2-PD probability of default rating ("PDR"), Ba2 rating on the senior secured bank credit facility, Ba2 rating on the senior secured notes and Ba3 rating on the senior unsecured notes....
DOMTAR (US), a company active in the Paper industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date November 5, 2021, the closing price was USD 54.27 and its potential was estimated at USD 64.25.
Rating Action: Moody's assigns Ba2 CFR to Domtar, rates new secured debt Ba2. Global Credit Research- 20 Sep 2021. New York, September 20, 2021-- Moody's Investors Service assigned a Ba2 corporate family rating and Ba2-PD probability of default rating to Domtar Corporation and rated the proposed senior secured term loan, the delayed draw term loan, and the new senior secured notes Ba2.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Domtar Corporation. Global Credit Research- 17 Aug 2021. New York, August 17, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Domtar Corporation and other ratings that are associated with the same analytical unit.
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