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Federal-Mogul LLC: Update to credit analysis following review for upgr...

Profit growth continues to nominally reduce leverage. Yet, level of free cash flow generation supportive of strong debt reduction is unlikely over the next 12-15 months.

Moody's places Tenneco's ratings under review for downgrade

Moody's Investors Service placed the ratings of Tenneco Inc. ("Tenneco"), including its Ba1 Corporate Family and Ba1-PD Probability of Default ratings, under review for downgrade following the announcement that Tenneco has signed a definitive agreement to acquire Federal-Mogul LLC (Federal-M...

Moody's places Tenneco's ratings under review for downgrade

Moody's Investors Service placed the ratings of Tenneco Inc. ("Tenneco"), including its Ba1 Corporate Family and Ba1-PD Probability of Default ratings, under review for downgrade following the announcement that Tenneco has signed a definitive agreement to acquire Federal-Mogul LLC (Fed...

Federal-Mogul LLC: Update to credit analysis

Profit growth continues to nominally reduce leverage. Yet, level of free cash flow generation supportive of strong debt reduction is unlikely over the next 12-15 months.

Please Change Name Danny Gao
  • Please Change Name Danny Gao

Federal-Mogul LLC: Covenant Quality Pre-Sale Snapshot: EUR300m _% Seni...

CORPORATES ISSUER IN-DEPTH 23 June 2017 Source Documents: Preliminary OM (22 Jun 2017) Peer Group: » Automotive See  Snapshot User’s Guide  for terminology, analytical criteria and our ranking of covenant structures. This report contains Moody’s analysis of the principal protections and weaknesses of the covenant package of the Notes based on information contained in the Preliminary OM d

Please Change Name Timothy L. Harrod
  • Please Change Name Timothy L. Harrod

Moody's assigns B1 rating to Federal-Mogul's new senior secured notes

Rating Action: Moody's assigns B1 rating to Federal-Mogul's new senior secured notes. Global Credit Research- 22 Jun 2017. Approximately E300 million of rated debt affected.

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