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Moody's Ratings assigns Baa1 ratings to T-Mobile's proposed backed sen...

Moody's Ratings (Moody's) assigned Baa1 ratings to T-Mobile USA, Inc.'s (T-Mobile) proposed backed senior unsecured notes, which will be comprised of various maturities. T-Mobile intends to use the net proceeds from the proposed offering for general corporate purposes, which may include share repurc...

Intrum AB (publ): Update following rating action

Our credit view of this issuer reflects its improved but still high leverage, stable financial performance constrained by financing cash flows, and substantial tangible equity deficit.

Volkswagen Financial Services Overseas AG: Update to credit analysis

Our credit view of this issuer reflects its implicit and explicit support from the parent, offset by its elevated credit risks due to focus on more volatile emerging markets.

Novo Nordisk A/S: Annual update

Our credit view of this issuer reflects A degree of M&A risk.

Envalior Finance GmbH: Update to credit analysis

Our credit view of this issuer reflects its secular growth trends underpinning end-market demand, offset by its very high financial leverage.

Moody's Ratings downgrades Indika Energy to B1; outlook stable

Moody's Ratings (Moody's) has downgraded to B1 from Ba3 the corporate family rating (CFR) of Indika Energy Tbk (P.T.) (Indika). At the same time, we have also downgraded the rating on Indika's $455 million senior secured notes due in May 2029 to B1 from Ba3. The outlook has been revised to stable ...

Technology Software – Europe: AI raises disruption risk but business m...

We still expect revenue and EBITDA to grow in the absence of major sector disruption, although companies may raise debt for M&A.

Bank Negara Indonesia (Persero) Tbk (P.T.): Update following rating af...

Our credit view of this issuer reflects its robust capitalization, supported by strong profitability and prudent management, offset by its restructured loans and asset risks.

Moody's Ratings affirms Korea's Aa2 issuer rating; maintains stable ou...

Moody's Ratings (Moody's) has today affirmed the Government of Korea's local and foreign currency long-term issuer ratings at Aa2 and maintained the stable outlook. The local and foreign currency senior unsecured ratings, the foreign currency senior unsecured MTN and senior unsecured shelf program r...

Astra Sedaya Finance (P.T.): Update following rating affirmation, outl...

Our credit view of ASF reflects its strong capitalization, supported by its robust profitability, against the higher-risk nature of auto financing in Indonesia.

South East Water (Finance) Limited: Update following change in outlook...

Our credit view of this issuer reflects its well-established and transparent regulatory regime, offset by its absent material changes from the ongoing CMA appeal.

Structured Finance – Spain: Economic improvement and lower sovereign r...

This credit improvement is reflected in upgrades to the ratings in 94 securitisations and 19 covered bond programmes.

Schoen Klinik SE: Credit opinion update

Our credit view of this issuer reflects its supportive regulatory environment in recent years, offset by its high leverage following repurchase of minority stake.

Moody’s Ratings affirms Pacific Anxin Agricultural Insurance's A3 IFSR...

Hong Kong , February 12, 2026 Moody's Ratings (Moody's) has affirmed the A3 insurance financial strength rating (IFSR) of Pacific Anxin Agricultural Insurance Company Limited (PAAIC). The outlook on PAAIC is stable. Please see for any updates on changes to the lead rati...

Moody's Ratings affirms IFC Development's A2 ratings; revises outlook ...

Moody's Ratings (Moody's) has affirmed IFC Development Limited's (IFC) A2 issuer rating and the A2 rating on IFC Development (Corporate Treasury) Limited's senior unsecured bonds, which are guaranteed by IFC. At the same time, we have revised the outlook to stable from negative. "The change in the...

Moody's Ratings assigns provisional ratings to OBL 2603 backed by leas...

2026 年2月12日、 東京、 ムーディーズSFジャパン株式会社( 以下「ムーディーズ」) は、 下記案件 の予備格付付与を公表した。 本邦法令上の格付付与日は2026年2月12日である。. 案件名: OBL 2603 クラス、 予定配当率/ 利率、 格付 優先受益権、 固定、 Aaa ABL、 固定、 Aaa 発行総額: 100 億円 発行日: 2026 年3月27日 最終償還期日: 2033 年6月30日 裏付債権:...

Moody's Ratings assigns provisional ratings to OBL 2603 backed by leas...

Moody's Ratings (Moody's) has assigned provisional ratings to the following transaction. The complete rating action is as follows: Transaction Name: OBL 2603 Class, Dividend/Interest Rate, Rating Senior Beneficial Interests, Fixed, (P)Aaa (sf) ABL, Fixed, (P)Aaa (sf) Total Issue Amount: JPY1...

ENEOS Holdings, Inc.:Update to credit analysis

Our credit view of ENEOS reflects its leading market position, offset by its exposure to the inherent cyclicality in the refining and petrochemical markets.

Moody’s Ratings affirms Aviva-COFCO's A3 IFSR; outlook stable

Hong Kong , February 12, 2026 Moody's Ratings (Moody's) has affirmed the A3 insurance financial strength rating (IFSR) of Aviva-COFCO Life Insurance Co., Ltd. (Aviva-COFCO). The outlook remains stable. Please see for any updates on changes to the lead rating analyst and...

IT Services – India: US visa fee increases costs, but strong credit bu...

Large Indian IT companies' high profitability, robust financial positions and persistent skill shortages in the US will partially offset the impact of new restrictions.

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