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Moody's Ratings assigns Aa3 GOLT to Quakertown Community School Distri...

Moody's Ratings has assigned a Aa3 general obligation limited tax (GOLT) rating to Quakertown Community School District, PA's proposed $9.025 million General Obligation Bonds, Series of 2024. Moody's Ratings maintains the district's Aa3 issuer and GOLT ratings. Post-issuance, the district will have ...

Moody’s Ratings assigns A3/Baa1(hyb) ratings to Groupe des Assurances ...

Paris , April 23, 2024 – Moody's Ratings has today assigned an A3 rating to the senior unsecured notes due 2029 to be issued by Groupe des Assurances du Credit Mutuel (GACM ), whose main operating companies (ACM VIE SA and ACM IARD SA) are rated A1 for insurance financial strength, and a Baa1(hyb) r...

Denton County, TX: Update to credit analysis following affirmation

Our credit view of this issuer reflects the expanding economy, high resident income levels, and ample reserves, offset by somewhat elevated yet manageable leverage.

Energy – Global: Outlook stable as curtailed supply upholds oil prices...

The stable outlook for the global energy industry reflects our expectation for growth in demand tapering to its long-term trend, with fundamental conditions favoring oil producers into 2025.

Midstream Energy – Global: Outlook stable amid steady volume and capit...

Midstream operators remain focused on cash retention and consolidation amid capital spending restraint by public E&P companies as well as regulatory uncertainty around new LNG projects.

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 High Liner Foods Incorporated and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 18 April 2024 in which Moody's reassessed the appropriateness of the ratings ...

Moody's Ratings affirms Pan American Energy's rating and assigns Caa1 ...

Moody's Ratings (Moody's) has affirmed Pan American Energy, S.L.´s (PAE) corporate family rating at Caa1. At the same time, Moody's has assigned a Caa1 rating to the proposed backed senior unsecured notes for up to $500 million to be issued by Pan American Energy, S.L., Argentine Branch (PAE Argenti...

Moody's Ratings upgrades 22 classes of credit risk transfer (CRT) bond...

Moody's Ratings (Moody's) has upgraded the ratings of 22 bonds from three credit risk transfer (CRT) RMBS, which are issued by Fannie Mae to share the credit risk on a reference pool of mortgages with the capital markets. Please click on this link /viewresearchdoc.aspx?docid=PB...

AutoNation, Inc.: Update to credit analysis

Our credit view of AutoNation reflects its balanced financial strategy, its diversified and flexible operating model and its ability to manage operating profit pressure.

Unit4 Group Holding B.V.: Proposed €175 million add-on is credit negat...

The transaction will increase leverage and reduce free cash flow generation at the restricted group.

Cablevision Lightpath LLC: Update to Credit Opinion

Our credit view of this issuer reflects its solid business model supported by broadband end market demand drivers, offset by its small scale.

Linde plc: Update to credit analysis

Our credit view reflects a public commitment to the A2 rating and very strong credit metrics with the expectation that management will pursue growth and shareholder returns.

Moody's Ratings upgrades rating on one class and downgrades rating on ...

Moody's Ratings (Moody's) has upgraded the rating on the following notes issued by Denali Capital CLO XI, Ltd.: U.S.$19,740,000 Class C-R Senior Secured Deferrable Floating Rate Notes due 2028 (the "Class C-R Notes"), Upgraded to Aaa (sf); previously on August 3, 2023 Upgraded to Aa2 (sf) Moody'...

Moody's Ratings downgrades Physician Partners LLC's CFR to Caa2, outlo...

Moody's Ratings (Moody's) downgraded the ratings of Physician Partners LLC's (aka Better Health Group) including the Corporate Family Rating (CFR) to Caa2 from B2 and the Probability of Default Rating (PDR) to Caa2-PD from B2-PD. Moody's also downgraded the rating of Better Health Group's backed sen...

Moody's Ratings assigns definitive ratings to Cars Alliance Auto Loans...

Moody's Ratings ("Moody's") has assigned the following definitive ratings to Notes issued by Cars Alliance Auto Loans Germany V 2024-1: ....EUR 800.0M Class A Asset Backed Floating Rate Notes due January 2036, Definitive Rating Assigned Aaa (sf) ....EUR 21.6M Class B Asset Backed Floating Rate No...

Wright State University, OH: Update following upgrade to A2

Our credit view of this issuer reflects its solid liquidity position reflected by the university's 244 monthly days cash on hand in fiscal 2023.

Moody's Ratings upgrades McAfee's CFR to B2; outlook stable

Moody's Ratings (Moody's)  upgraded McAfee Corp.'s (McAfee) Corporate Family Rating (CFR) to B2 from B3 and Probability of Default Rating to B2-PD from B3-PD. Moody's also upgraded the senior secured first lien bank credit facility to B1 from B2 and the senior unsecured debt rating to Caa1 from Caa2...

Moody's Ratings affirms one and downgrades two classes of COMM 2014-UB...

Moody's Ratings ("Moody's") has affirmed the ratings on one class and downgraded the ratings on two classes in COMM 2014-UBS2 Mortgage Trust, Commercial Pass-Through Certificates, Series 2014-UBS2 as follows: Cl. B, Affirmed A2 (sf); previously on Jun 5, 2023 Downgraded to A2 (sf) Cl. C, Downgrad...

Moody's Ratings downgrades Garfunkelux's ratings to B3, places ratings...

Moody's Ratings ("Moody's") has today downgraded Garfunkelux Holdco 2 S.A.'s ("Garfunkelux") corporate family rating (CFR) to B3 from B2 and Garfunkelux Holdco 3 S.A.'s senior secured debt ratings to B3 from B2. Moody's has also placed the ratings on review for further downgrade. Previously the outl...

ModivCare Inc.: Update to credit analysis following CFR downgrade to B...

Our credit view of this issuer reflects its high leverage and adequate liquidity

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