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Moody's places Parexel's ratings on review for downgrade on LBO announ...

Rating Action: Moody's places Parexel's ratings on review for downgrade on LBO announcement. Global Credit Research- 09 Jul 2021. New York, July 09, 2021-- Moody's Investors Service placed Parexel International Corporation's ratings on review.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Parexel International Corporation. Global Credit Research- 09 Feb 2021. New York, February 09, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Parexel International Corporation and other ratings that are associated with the same analytical unit.

Moody's downgrades Parexel's existing bank facilities to B2

Rating Action: Moody's downgrades Parexel's existing bank facilities to B2. Global Credit Research- 04 Feb 2021. New York, February 04, 2021-- Moody's Investors Service downgraded Parexel International Corporation's existing senior secured credit facilities to B2 from B1.

Moody's assigns B2 to Parexel's new bank facilities

Rating Action: Moody's assigns B2 to Parexel's new bank facilities. Global Credit Research- 25 Jan 2021. New York, January 25, 2021-- Moody's Investors Service assigned B2 ratings to Parexel International Corporation's new senior secured credit facilities.

Parexel International Corporation: Update following upgrade to B2 CFR

Our credit view of Parexel, reflecting its operational improvements and ample cash balances, against its high financial leverage.

Moody's upgrades Parexel's CFR to B2; outlook stable

Rating Action: Moody's upgrades Parexel's CFR to B2; outlook stable. Global Credit Research- 12 Jan 2021. New York, January 12, 2021-- Moody's Investors Service upgraded the ratings of Parexel International Corporation including the Corporate Family Rating to B2 from B3, and the Probability of Default Rating to B2-PD from B3-PD.

PAREXEL International Corporation: Update to credit analysis

Our credit view of PAREXEL reflecting high financial leverage and operating pressures, offset by good scale and market position in a growing industry.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of PAREXEL International Corporation. Global Credit Research- 06 Mar 2020. New York, March 06, 2020-- Moody's Investors Service has completed a periodic review of the ratings of PAREXEL International Corporation and other ratings that are associated with the same analytical unit.

PAREXEL International Corporation: Update following downgrade to B3 CF...

Our credit view of PAREXEL reflecting high financial leverage and operating pressures, offset by good scale and market position in a growing industry.

Moody's downgrades Parexel's CFR to B3; outlook stable

Rating Action: Moody's downgrades Parexel's CFR to B3; outlook stable. Global Credit Research- 24 Jun 2019. New York, June 24, 2019-- Moody's Investors Service downgraded the ratings of PAREXEL International Corporation including the Corporate Family Rating to B3 from B2, Probability of Default Rating to B3-PD from B2-PD, senior secured credit facilities to B2 from B1, and unsecured notes to Caa2 from Caa1.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of PAREXEL International Corporation. Global Credit Research- 22 Apr 2019. New York, April 22, 2019-- Moody's Investors Service has completed a periodic review of the ratings of PAREXEL International Corporation and other ratings that are associated with the same analytical unit.

Moody's: Delay to PAREXEL's fiscal 2018 audited financials is credit n...

Moody's Investors Service commented that PAREXEL International Corporation's (B2 negative) announcement that completion of its fiscal 2018 audited financials will be delayed, is credit negative. The delay is credit negative because it will constitute a breach under its credit agreement and s...

PAREXEL International Corporation: Delay to PAREXEL's fiscal 2018 audi...

Failure to complete the audited financials within the cure periods would constitute a covenant breach within its debt agreements.

PAREXEL International Corporation: Update following outlook change to ...

Our credit view of PAREXEL reflecting high financial leverage and operating pressures, offset by good scale and market position in a growing industry.

Moody's affirms PAREXEL's ratings; outlook revised to negative

Moody's Investors Service ("Moody's") affirmed the ratings of PAREXEL International Corporation ("PAREXEL") including the B2 Corporate Family Rating, B2-PD Probability of Default Rating, B1 senior secured credit facilities, and Caa1 unsecured notes. The rating outlook was changed to negative...

PAREXEL International Corporation: Update to credit analysis

Our credit view of PAREXEL reflecting high financial leverage and operating pressures, offset by good scale and market position in a growing industry.

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