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Moody's withdraws Mountain Province Diamond's ratings following debt r...

Moody's Investors Service ("Moody's") has withdrawn Mountain Province Diamonds Inc.'s ("MPD") ratings including its Caa3 Corporate Family rating and the Caa3-PD Probability of Default Rating. At the time of withdrawal the outlook was negative.  The rating action follows the full repayment of its sen...

Mountain Province Diamonds Inc.: Update to credit analysis

Our credit view of this issuer reflects its near term refinancing risk with a possibility of restructuring, as well as its single mine concentration.

Mountain Province Diamonds Inc.: Update to credit analysis

Our credit view of this issuer reflects its high leverage and limited financial flexibility.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Mountain Province Diamonds Inc.. Global Credit Research- 27 Jul 2021. Toronto, July 27, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Mountain Province Diamonds Inc. and other ratings that are associated with the same analytical unit.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Mountain Province Diamonds Inc.. Global Credit Research- 20 Aug 2020. Toronto, August 20, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Mountain Province Diamonds Inc. and other ratings that are associated with the same analytical unit.

Mountain Province Diamonds Inc.: Update to credit analysis following d...

Mountain Province is constrained by weak liquidity, high leverage, limited financial flexibility and site and commodity concentration.

Moody's downgrades Mountain Province Diamonds' ratings to Caa3; outloo...

Rating Action: Moody's downgrades Mountain Province Diamonds' ratings to Caa3; outlook negative. Global Credit Research- 17 Jul 2020. Toronto, July 17, 2020-- Moody's Investors Service, downgraded Mountain Province Diamonds Inc.' s Corporate Family rating to Caa3 from Caa1, Probability of Default Rating to Caa3-PD from Caa1-PD, and second lien secured rating to Caa3 from Caa1.

Mountain Province Diamonds Inc.: Update to credit analysis following d...

Mountain Province is constrained by site and commodity concentration, a weak rough diamond price market, and variability of mined grades, but benefits from leverage below 4x.

Moody's downgrades Mountain Province Diamonds' ratings to Caa1; outloo...

Rating Action: Moody's downgrades Mountain Province Diamonds' ratings to Caa1; outlook negative. Global Credit Research- 27 Mar 2020. Toronto, March 27, 2020-- Moody's Investors Service, downgraded Mountain Province Diamonds Inc.' s Corporate Family rating to Caa1 from B3, Probability of Default Rating to Caa1-PD from B3-PD, second lien secured rating to Caa1 from B3 and Speculative Grade Liquidity Rating to SGL-4 from SGL-2.

Mountain Province Diamonds Inc.: Update to credit analysis

Mountain Province is constrained by site and commodity concentration, a weak rough diamond price market, and variability of mined grades, but benefits from leverage below 4x.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Mountain Province Diamonds Inc.. Global Credit Research- 24 Sep 2019. Toronto, September 24, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Mountain Province Diamonds Inc. and other ratings that are associated with the same analytical unit.

Mountain Province Diamonds Inc.: Update to credit analysis

A detailed rationale for Mountain Province, highlighting a site and commodity concentration, lack of operating and marketing track record, expected 2.5x leverage and good geopolitical risk.

Please Change Name Raven A Burnett
  • Please Change Name Raven A Burnett

Mountain Province Diamonds Inc.: Covenant Quality Pre-Sale Snapshot: $...

CORPORATES ISSUER IN-DEPTH 29 November 2017 Source Documents: Prelim OM (27 Nov 2017) Peer Group: » Metals & Mining (All figures in $ millions unless otherwise noted) (Ratios may vary from Moody’s adjusted ratios) 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

Please Change Name Jamie Koutsoukis
  • Please Change Name Jamie Koutsoukis

Mountain Province Diamonds Inc.: Initial Credit Opinion following assi...

CORPORATES CREDIT OPINION 28 November 2017 Update RATINGS Mountain Province Diamonds Inc. Domicile Toronto, Ontario, Canada Long Term Rating B3 Type LT Corporate Family Ratings Outlook Stable Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Jamie Koutsoukis +1.416.214.38

Please Change Name Jamie Koutsoukis
  • Please Change Name Jamie Koutsoukis

Moody's assigns B3 CFR to Mountain Province Diamonds Inc.

Rating Action: Moody's assigns B3 CFR to Mountain Province Diamonds Inc.. Global Credit Research- 27 Nov 2017. Toronto, November 27, 2017-- Moody's Investors Service assigned first-time ratings to Mountain Province Diamonds Inc., consisting of a B3 corporate family rating, a B3-PD probability of default rating, a B3 second lien secured rating and an SGL-2 liquidity rating.

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