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Moody's Ratings upgrades Ziff Davis, Inc.'s CFR to Ba3; outlook remain...

Moody's Ratings (Moody's) upgraded Ziff Davis, Inc.'s (ZD) corporate family rating (CFR) to Ba3 from B1 and the probability of default rating (PDR) to Ba3-PD from B1-PD. We also affirmed the company's Ba3 senior unsecured rating. The speculative grade liquidity rating (SGL) remains unchanged at SGL-...

Ziff Davis, Inc.: Extended maturity for portion of convertible senior ...

The debt exchange agreements will improve ZD's credit metrics and debt/EBITDA will decline to 2.2x, but other changes to the capital structure may pressure the senior unsecured rating.

Moody's Ratings says Ziff Davis' maturity extension transaction on a p...

Moody's Ratings (Moody's) says Ziff Davis, Inc.'s (ZD) announcement on 10 July that it entered into separate, privately negotiated exchange agreements with a limited number of holders of its 1.75% Convertible Senior Notes due November 2026 (not rated) is credit positive. However, the transaction has...

Ziff Davis, Inc.: Update to credit analysis follow affirmation of rati...

Our credit view of this issuer reflects its prudent financial policy and leverage target, constrained by its high exposure to consumer led cyclicality.

Moody's affirms Ziff Davis' B1 CFR; maintains stable outlook

Moody's Investors Service (Moody's) affirmed the B1 corporate family rating (CFR) of Ziff Davis, Inc. (ZD), a vertically focused digital media and internet company. Moody's also affirmed the company's B1-PD probability of default rating (PDR) and Ba3 senior unsecured rating. The speculative grade li...

Ziff Davis, Inc.: Update to key credit drivers

Our credit view of this issuer reflects its prudent financial policy and leverage target, against its execution/integration risks of multiple acquisitions.

Ziff Davis, Inc.: Update to key credit drivers

Our credit view of this issuer reflects its strong cash flow generation ability, against its execution/integration risks of multiple acquisitions.

Moody's affirms Ziff Davis' B1 CFR; stable outlook

Rating Action: Moody's affirms Ziff Davis' B1 CFR; stable outlook. Global Credit Research- 31 Jan 2022. New York, January 31, 2022-- Moody's Investors Service today affirmed Ziff Davis, Inc.' s B1 corporate family rating, B1-PD probability of default rating and the Ba3 on the company's senior notes due 2030.

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