Moody's Ratings (Moody's) downgraded Mativ Holdings, Inc.'s (Mativ) corporate family rating (CFR) to B2 from B1 and probability of default rating to B2-PD from B1-PD. Concurrently, we downgraded the rating of Mativ's senior secured bank credit facility, consisting of the company's term loans and rev...
Moody's Ratings (Moody's) assigned a B3 rating to the new senior unsecured notes of Mativ Holdings, Inc. (Mativ). All other ratings for Mativ, including the B1 corporate family rating (CFR), B1-PD probability of default rating, as well as the Ba3 rating on the senior secured debt and B3 rating on th...
Moody's Ratings ("Moody's") downgraded Mativ Holdings, Inc.'s ("Mativ") corporate family rating ("CFR") to B1 from Ba3 and probability of default rating to B1-PD from Ba3-PD. Concurrently, Moody's downgraded the rating on Mativ's backed senior secured bank credit facility, consisting of the company'...
Moody's Investors Service ("Moody's") said Mativ Holdings, Inc.'s ("Mativ") announcement that is has received a binding offer to sell its Engineered Papers ("EP") business is credit positive. While the divestiture will result in the loss of a high margin and solid cash flow generative business, the ...
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