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Maxar Technologies Ltd.

Maxar Technologies LGD Assessment June 2018

Maxar Technologies Ltd.: Update following downgrade to B1

Maxar's credit profile (B1 stable) is driven by good product diversity and aerospace/imagery industry expertise, tempered by weak de-levering capabilities and debt/EBITDA of 5x to 5.5x.

Moody's downgrades Maxar's CFR to B1; outlook stable

Moody's Investors Service (Moody's) downgraded Maxar Technologies Ltd.'s (Maxar) corporate family rating to B1 from Ba3, its probability of default rating to B2-PD from B1-PD, and the rating for the company's US$3.75 billion multi-tranche senior secured credit facilities to B1 from Ba3. Maxar's ...

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