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Aludyne, Inc.: Update following downgrade of CFR to Caa1 due to weaker...

Our credit view of this issuer reflects its high customer concentration and its negative free cash flow and reliance on ABL facility.

Moody's downgrades Aludyne's CFR to Caa1, senior secured rating affirm...

Moody's Investors Service ("Moody's") downgraded Aludyne, Inc.'s corporate family rating ("CFR") to Caa1 from B3 and probability of default rating to Caa1-PD from B3-PD. The senior secured bank credit facility rating was affirmed at Caa1. The rating outlook is stable. The downgrade of the CFR refl...

Aludyne, Inc.: Update following downgrade of CFR to B3

Our credit view of this issuer reflects its low margin and adequate, but weakened liquidity as an automotive parts supplier.

Moody's downgrades Aludyne's CFR to B3, senior secured rating to Caa1;...

Rating Action: Moody's downgrades Aludyne's CFR to B3, senior secured rating to Caa1; outlook stable. Global Credit Research- 10 Dec 2021. New York, December 10, 2021-- Moody's Investors Service downgraded the ratings of Aludyne, Inc., including the corporate family rating to B3 from B2, the probability of default rating to B3-PD from B2-PD and the senior secured bank credit facility rating to Caa1 from B3.

Aludyne, Inc.: Update following outlook change to stable

Our credit view reflects Aludyne's good competitive position with its niche product offering, constrained by its high customer and geographic concentrations.

Moody's affirms Aludyne's ratings, including CFR at B2 and senior secu...

Rating Action: Moody's affirms Aludyne's ratings, including CFR at B2 and senior secured bank credit facility at B3; outlook stable. Global Credit Research- 23 Jun 2021. New York, June 23, 2021-- Moody's Investors Service affirmed the ratings of Aludyne, Inc., including the corporate family rating at B2, the probability of default rating at B2-PD and the senior secured bank credit facility rating at B3.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aludyne, Inc.. Global Credit Research- 21 May 2021. New York, May 21, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Aludyne, Inc. and other ratings that are associated with the same analytical unit.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aludyne, Inc.. Global Credit Research- 06 Jul 2020. New York, July 06, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Aludyne, Inc. and other ratings that are associated with the same analytical unit.

Aludyne, Inc.: Update following outlook change to negative

Aludyne's credit profile reflects its high exposure to new vehicle production in North America and execution risk on new business wins balanced by conservative debt metrics.

Moody's confirms Aludyne's ratings with CFR at B2 and senior secured a...

Rating Action: Moody's confirms Aludyne's ratings with CFR at B2 and senior secured at B3; outlook is negative. Global Credit Research- 22 Jun 2020. New York, June 22, 2020-- Moody's Investors Service, confirmed the ratings of Aludyne, Inc., including the corporate family rating at B2, the Probability of Default Rating at B2-PD, and the senior secured rating at B3.

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