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Adobe Inc.: Update to credit analysis after upgrade

Our credit view of this issuer reflects its conservative financial policies, against its acquisition appetite.

Structured Finance:The transition performance of Moody's Japan structu...

Annual update without commentary on Japan structured finance rating transition trends including comprehensive transition matrices in aggregate and by asset class

Structured Finance: The transition performance of Moody's Japan struct...

Annual update without commentary on Japan structured finance rating transition trends including comprehensive transition matrices in aggregate and by asset class

Iberdrola S.A.: Update to credit analysis

Our credit view of Iberdrola S.A. reflects its consistently solid financial profile, against the delayed generation of incremental cash flow because of the size of its capital projects.

Coopeuch: Update following affirmation, outlook remains stable

Our credit view of this issuer reflects its high capitalization and ample profitability that serve to guard it against its economic cycles.

Alicorp S.A.A.: Proposed Refineria del Espino acquisition and share re...

The acquisition of Refineria del Espino will be accretive, but the share repurchase program could signal a more aggressive financial policy.

China Banking Corporation: Update following rating affirmation

Our credit view of this issuer reflects its sound liquidity, offset by a moderate funding profile, with a relatively high share of corporate deposits.

Moody's Ratings upgrades the ratings on notes issued by flexicommercia...

Moody's Ratings (Moody's) has upgraded ratings on three classes of notes issued by flexicommercial ABS Inspire Trust. IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. SUCH USE WOULD BE RECKLESS AND INAPPROPRIATE. SEE FULL DISCLAIMERS BELOW. The aff...

New Terminal Financing Company Pty Limited: Update to credit analysis

Our credit view of this issuer reflects its strong market position, against its capital expenditures.

Contemporary Amperex Technology Co., Ltd.: Update following upgrade to...

Our credit view of Contemporary Amperex Technology Co., Ltd reflects its sound financial profile, against its exposure to competition and regulatory changes.

Moody's Ratings downgrades COGO's ratings to Baa3, revises outlook to ...

Moody's Ratings has today downgraded to Baa3 from Baa2 China Overseas Grand Oceans Group Limited's (COGO) issuer rating and the senior unsecured rating on the bonds issued by its wholly-owned financing vehicle, China Overseas Grand Oceans Fin IV Cayman Ltd and guaranteed by COGO. Moody's Ratings h...

Moody's Ratings assigns B1 first-time rating to Aenza S.A.A.; positive...

Moody's Ratings (Moody's) has assigned a B1 corporate family rating to Aenza S.A.A. (Aenza). Moody's Ratings has also assigned a B1 rating to the proposed senior secured notes for up to $350 million. The outlook is positive. The company will use the net proceeds of the notes for working capital, cap...

Moody’s Ratings assigns (P)Baa3 subordinated MTN program rating to FWD...

Hong Kong , April 19, 2024 Moody's Ratings (Moody's) has assigned a (P)Baa3 subordinated medium-term note (MTN) program rating to FWD Group Holdings Limited's (FWD Group, Baa2 positive) MTN program. Ratings on individual notes issued under the program will be subject to Moody's review of the terms ...

Mortgage Guaranty Insurance Corp.: Update following ratings affirmatio...

Our credit view MGIC reflects its market position, good profitability, and strong capital and holding company liquidity constrained by the potential for the effects from a slowing economy.

Mutual of Omaha Insurance Company: Rating affirmation reflects good ca...

Our credit view of this issuer reflects its good asset quality and capital adequacy, against its modest market positions and limited scale in many business lines.

Syniverse Holdings, LLC: Update to credit analysis

Our credit view of this issuer reflects its high but falling leverage and customer concentration, against a leading market position in a niche segment.

Bayview Opportunity Master Fund VII 2024-EDU1, LLC: Pre-Sale – First s...

Our credit view of the transaction, including our analysis of the assets and the securitization structure.

Moody's Ratings affirms Arca Continental's issuer rating, stable outlo...

Moody's Ratings (Moody's) has today affirmed the A3 long-term issuer rating to Arca Continental, S.A.B. de C.V. (AC or Arca Continental). The outlook remains stable. The affirmation with a stable outlook reflects AC's strong financial profile and proved resiliency amid currency fluctuations in its m...

Moody's Ratings assigns provisional ratings to Bayview Opportunity Mas...

Moody's Ratings (Moody's) has assigned provisional ratings to the notes to be issued by Bayview Opportunity Master Fund VII 2024-EDU1, LLC Student Loan Credit-Linked Notes, Series 2024-1 (BVABS 2024-EDU1). The credit-linked notes reference a pool of private credit education loans originated by SoFi ...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Fresnillo plc and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 16 April 2024 in which Moody's reassessed the appropriateness of the ratings in the context of...

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