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Gardner Denver, Inc.: Update to credit analysis

Our credit view of this issuer reflects its strong operating performance and solid cash generation against acquisition integration risk and macroeconomic supply chain and inflationary costs.

Gardner Denver, Inc. (aka Ingersoll Rand): Update to credit analysis f...

Proactive debt reduction, lower exposure to more cyclical businesses and strong liquidity is balanced against a relatively short track record of operating with current business mix.

Gardner Denver, Inc.: Strengthening credit profile as end markets reco...

Our credit view of this issuer reflects its end market, geographic and customer diversity, against its event risk related to increased pace of acquisitions and 2020 merger integration.

Moody's says Ingersoll Rand's divestiture of Club Car business enhance...

Announcement: Moody's says Ingersoll Rand's divestiture of Club Car business enhances liquidity and capital allocation flexibility; ratings unaffected. Global Credit Research- 13 Apr 2021. New York, April 13, 2021-- Moody's Investors Service says the announcement on 12 April 2021 by Ingersoll Rand Inc., the parent company of Gardner Denver, Inc., that it entered into an agreement to sell its Club Car business is credit positive.

Gardner Denver, Inc.: Announced divestiture of Club Car business enhan...

The divestiture enhances the company's ability to pursue growth of its core businesses by providing enhanced liquidity and financial flexibility

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Gardner Denver, Inc.. Global Credit Research- 21 Aug 2020. New York, August 21, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Gardner Denver, Inc. and other ratings that are associated with the same analytical unit.

Moody's assigns Ba2 rating to Gardner Denver's (aka Ingersoll Rand Inc...

Rating Action: Moody's assigns Ba2 rating to Gardner Denver's new term loan. Global Credit Research- 22 Jun 2020. New York, June 22, 2020-- Moody's Investors Service, assigned a Ba2 rating to a proposed $400 million senior secured term loan B issued by Gardner Denver, Inc..

Gardner Denver, Inc.: Update following outlook change to stable amid c...

Combination with Ingersoll-Rand industrial business solidifies market position and lowers cyclical upstream energy exposure, balanced against negative impact of coronavirus and merger costs

Gardner Denver, Inc.: Update following outlook change to positive

Combination with Ingersoll-Rand's industrial business solidifies market position and lowers cyclical upstream energy exposure balanced against merger integration risk and related costs.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Gardner Denver, Inc.. Global Credit Research- 28 Oct 2019. New York, October 28, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Gardner Denver, Inc. and other ratings that are associated with the same analytical unit.

Gardner Denver, Inc.: Update following ratings upgrades (CFR to Ba2)

Gardner Denver's revenue, margin profile and free cash flow support its credit profile amid a softer global macroeconomic environment and pressure/cyclicality in upstream energy

Moody's upgrades Gardner Denver ratings (CFR to Ba2); outlook stable

Rating Action: Moody's upgrades Gardner Denver ratings; outlook stable. Global Credit Research- 15 Oct 2019. Approximately $2.2 billion of rated debt and bank credit facilities affected.

Gardner Denver, Inc.: Gardner Denver to combine with Ingersoll-Rand’...

Gardner Denver will be able to realize cost synergies from the combined businesses through manufacturing and supply chain efficiencies as well as streamlining costs.

Gardner Denver, Inc.: Update following planned combination with Inger...

Gardner Denver's metrics strengthened with improved performance and debt repayment. The planned combination with Ingersoll-Rand's Industrial business should further enhance it's profile.

Moody's affirms Gardner Denver's CFR at Ba3 following planned combinat...

Rating Action: Moody's affirms Gardner Denver's CFR at Ba3 following planned combination with Ingersoll Rand's Industrial segment; outlook positive. Global Credit Research- 30 Apr 2019. Approximately $2.2 billion of rated debt affected.

Gardner Denver, Inc.: Update following upgrade to Ba3, outlook stable

Gardner Denver is expected to continue to benefit from healthy order trends, positive end-market fundamentals and strong free cash flow generation.

Moody's upgrades Gardner Denver's CFR to Ba3 from B1; outlook stable

Moody's Investors Service ("Moody's") upgraded the Corporate Family Rating ("CFR") and Probability of Default Ratings of Gardner Denver, Inc. ("Gardner Denver") to Ba3 and Ba3-PD from B1 and B1-PD, respectively. The CFR upgrade is based on the company's declining le...

Gardner Denver, Inc.: Update following upgrade to B1, outlook positive

Gardner Denver is expected to continue to benefit from positive end-market fundamentals, positive global growth and healthy free cash flow generation.

Moody's upgrades Gardner Denver's CFR to B1 from B2; outlook positive

Moody's Investors Service ("Moody's") upgraded the Corporate Family Rating ("CFR") and Probability of Default Ratings of Gardner Denver, Inc. ("Gardner Denver") to B1 and B1-PD from B2 and B2-PD, respectively. The CFR upgrade is based on Moody's expectation that the...

Please Change Name Jadijhe (Gigi) Adamo
  • Please Change Name Jadijhe (Gigi) Adamo

Moody's rates Gardner Denver's proposed refinanced term loans at B2; C...

Rating Action: Moody's rates Gardner Denver's proposed refinanced term loans at B2; CFR unchanged. Global Credit Research- 08 Aug 2017. New York, August 08, 2017-- Moody's Investors Service, assigned a B2 rating to Gardner Denver, Inc.' s proposed refinanced senior secured USD term loan and Euro term loans due 2024. All other ratings, including its B2 corporate family rating, and the stable outlook remain unchanged.

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