Moody's Investors Service (Moody's) downgraded Salem Media Group, Inc.'s ("Salem") Corporate Family Rating ("CFR") to Caa3 from Caa1, the Probability of Default Rating ("PDR") to Caa3-PD from Caa1-PD, and the senior secured notes to Caa3 from Caa1. The outlook remains negative. The SGL-4 Speculative...
Moody's Investors Service (Moody's) downgraded Salem Media Group, Inc.'s ("Salem") Corporate Family Rating ("CFR") to Caa1 from B3, the Probability of Default Rating ("PDR") to Caa1-PD from B3-PD, and the senior secured notes to Caa1 from B3. Concurrently, Moody's downgraded the company's speculativ...
Moody's Investors Service ("Moody's") affirmed Salem Media Group, Inc.'s (Salem) B3 Corporate Family Rating (CFR) and B3-PD Probability of Default Rating and downgraded the existing senior secured notes due 2028 to B3. The new $44.685 million senior secured notes due 2028 were assigned a B3 rating. ...
Rating Action: Moody's upgrades Salem Media's CFR to B3 and assigns a B2 rating to new senior secured notes; outlook stable. Global Credit Research- 14 Sep 2021. New York, September 14, 2021-- Moody's Investors Service upgraded Salem Media Group, Inc.' s Corporate Family Rating to B3 from Caa1 and assigned the new senior secured notes a B2 rating.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Salem Media Group, Inc.. Global Credit Research- 28 Jul 2021. New York, July 28, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Salem Media Group, Inc. and other ratings that are associated with the same analytical unit.
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