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Howmet Aerospace Inc. - June 2020 (LTM): Peer Snapshot

Peer Snapshot:  Howmet Aerospace Inc. - June 2020 (LTM) 3 September 2020 (in US millions) FYE Dec-18 FYE Dec-19 LTM Jun-20 FYE Dec-18 FYE Dec-19 LTM Jul-20 FYE Dec-18 FYE Dec-19 LTM Jun-20

Moody's says Howmet Aerospace's revolving credit facility amendment is...

Announcement: Moody's says Howmet Aerospace's revolving credit facility amendment is credit positive. Global Credit Research- 29 Jun 2020. New York, June 29, 2020-- Moody's Investors Service, said Howmet Aerospace Inc.' s announcement on 29 June 2020 that it amended certain covenants under its revolving bank credit facility is credit positive.

Howmet Aerospace Inc.: Revolving credit facility amendment is credit p...

The bank amendment is a credit positive due to the loosening of the company's financial leverage covenant that enables greater access to the company's revolver amid the coronavirus pandemic.

Moody's announces completion of a periodic review of ratings of Howmet...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Howmet Aerospace Inc.. Global Credit Research- 04 Jun 2020. New York, June 04, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Howmet Aerospace Inc. and other ratings that are associated with the same analytical unit.

Howmet Aerospace Inc.: Covenant Quality Post-Sale Snapshot: $1,200m 6....

Howmet Aerospace Inc. has a high-yield lite package, which we define as lacking either or both a restricted payments, a debt incurrence covenant – in the Issuer’s case, both are absent

Howmet Aerospace Inc.: Update to credit analysis following downgrade t...

Strong market position across key aerospace & defense program platforms, weighed against Moody's expectation that 2020 will be a very challenging year for commercialaerospace suppliers with

Moody's assigns Ba3 ratings to Howmet's new senior unsecured notes

Rating Action: Moody's assigns Ba3 ratings to Howmet's new senior unsecured notes. Global Credit Research- 22 Apr 2020. Approximately $6 billion of rated debt affected.

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