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Moody's Ratings assigns A1 to San Francisco Airport Commission CA's Se...

Moody's Ratings (Moody's) has assigned A1 to San Francisco Airport Commission, CA's approximately $966 million Second Series Revenue Refunding Bonds, comprised of the following: $823 million Series 2024A (AMT), $123 million Series 2024B (Non-AMT/Governmental Purpose) and $18 million Series 2024C (Fe...

Hawaii (State of) Airport Enterprise: Update to credit analysis

Our credit view of this issuer reflects its strong market position, healthy traffic performance and sound financial flexibility.

Moody's Ratings affirms Coca-Cola FEMSA's ratings, stable outlook

Moody's Ratings (Moody's) has today affirmed the A3 senior unsecured notes ratings to Coca-Cola FEMSA, S.A.B. de C.V. (KOF or Coca-Cola FEMSA). The outlook remains stable. The affirmation with a stable outlook reflects KOF's strong financial profile and the company's ability to manage costs and dr...

Metropolitan Water District of So. California: Update to credit analys...

Our credit view of this issuer reflects its affordably priced water, offset by its large capital plan to finance additional water supplies and address environmental concerns.

Marymount University, VA: Update following downgrade to Caa1

Our credit view of this issuer reflects significant deterioration of operating performance, reduction of liquidity and drawdowns of endowment assets.

Northern States Power Company (Minnesota): Update to credit analysis

Our credit view of this issuer reflects the regulatory restrictions regarding capital structures, offset by its moderate exposure to carbon transition risk.

Trane Technologies plc: Update to credit analysis following upgrade of...

Our credit view of this issuer reflects its geographic diversity and strong market position.

Moody's Ratings takes rating actions on 7 classes of notes issued by 6...

Moody's Ratings (Moody's) has taken action on seven classes of notes issued by six student loan securitizations serviced by Navient Solutions, LLC. The securitizations are backed by student loans originated under the Federal Family Education Loan Program (FFELP) that are guaranteed by the US governm...

Seminole Tribe of Florida: Update to credit analysis

Our credit view of this issuer reflects its strong financial profile and its dominant market position in Florida gaming, offset by its geographic concentration in Florida.

New York Community Bancorp, Inc.: Update after ratings upgrade

Our credit view of this issuer reflects its long history of low credit losses.

Michaels Companies, Inc. (The): Update to credit analysis

Our credit view of this issuer reflects its adequate liquidity, against its financial strategy risk given private equity ownership and very high funded leverage.

Moody's Ratings assigns a rating to one class of notes issued by Regat...

Moody's Ratings ("Moody's") has assigned a rating to one class of notes issued by Regatta XXVIII Funding Ltd. (the "Issuer" or "Regatta XXVIII"). Moody's rating action is as follows: U.S.$248,000,000 Class A-1 Senior Secured Floating Rate Notes due 2037 (the "Class A-1 Notes"), Definitive Rating...

Moody's Ratings places rating on the Ohio Community and Technical Coll...

Moody's Ratings (Moody's) has placed the programmatic rating on the Ohio Community and Technical College Credit Enhancement (OCTCCE) Program under review for downgrade, previously the outlook was stable. This rating action applies solely to the program. Moody's currently rates bonds issued by Ohio C...

Moody's Ratings changes the outlook for WildBrain to stable; affirms B...

Moody's Ratings (Moody's) changed the outlook for WildBrain Ltd. (WildBrain) to stable from positive. At the same time, Moody's Ratings affirmed the B3 corporate family rating (CFR), B3-PD probability of default rating (PDR), and B2 rating on the senior secured bank credit facilities. Moody's Rating...

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 Ultrapar Participacoes S.A. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 11 April 2024 in which Moody's reassessed the appropriateness of the ratings in...

Financial Institutions – Peru: Peru's new pension withdrawal shrinks a...

A seventh withdrawal and others that may come, will continue to shrink asset pool for fund managers and lower liquidity and domestic market access for banks in Peru.

Government of Bahamas – B1 stable: Regular update

Our credit view of the Bahamas reflects its high GDP per capita compared with peers, offset by its relatively high government debt and interest burdens.

Moody's Ratings affirms ON Semiconductor's Ba1 CFR; changes outlook to...

Moody's Ratings (Moody's) affirmed ON Semiconductor Corporation's (ON Semi) Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and Ba2 rating on the senior unsecured notes. Moody's SGL-1 Speculative Grade Liquidity (SGL) rating is unchanged. The outlook was revised to pos...

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 Togo and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 11 April 2024 in which Moody's reassessed the appropriateness of the ratings in the context of the rel...

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

Moody's Ratings (Moody's) has upgraded  the rating on the following notes issued by Canyon Capital CLO 2014-1, Ltd.: U.S.$44,000,000 Class A-2-R Senior Secured Floating Rate Notes due 2031, Upgraded to Aa1 (sf); previously on January 30, 2018 Definitive Rating Assigned Aa2 (sf) Moody's has also ...

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