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PTT Global Chemical Public Company Limited: Bond tender offers to redu...

Bond tender offer will allow the company to reduce its gross debt levels and hence improve leverage over the next 12-18 months

Moody's Ratings downgrades ratings of Greenland Hong Kong; outlook neg...

Moody's Ratings has downgraded the corporate family rating (CFR) of Greenland Hong Kong Holdings Limited to Ca from Caa2. At the same time, Moody's Ratings has downgraded the following ratings: • The backed senior unsecured rating on Greenland Hong Kong Holdings Limited's MTN program to (P)C fro...

Magellan International School, TX: Update to credit analysis following...

Our credit view of this issuer reflects its continued construction risk and execution of plans to provide cost-effective space for students.

Moody's Ratings downgrades Greentown's ratings to B1; outlook negative...

穆迪投资者服务公司 1*请注意新闻稿之英文原版已于香港时间4月12日发放穆迪评级下调绿城的评级至B1;展望负面 香港,2024年4月12日—中文新闻稿为英文的翻译件。如有出入,以英文稿为准。穆迪评级已将绿城中国控股有限公司 (绿城) 的公司家族评级、有支持高级无抵押债务评级和高级无抵押债务评级从Ba3下调至B1。穆迪评级维持上述评级的负面展望。穆迪评级助理副总裁/分析师周易玮表示:“评级下调反映了我们预计绿城获得最大股东中国交通建设集团有限公司 (中交建集团) 特殊支持的可能性将下降,原因是中国房地产市场面临的持续挑战将可能削弱绿城对中交建集团的战略和经济价值。”支持力度下降的预期造成中交建集...

Moody's Ratings downgrades Greentown's ratings to B1; outlook negative

Moody's Ratings has downgraded the corporate family rating (CFR), backed senior unsecured rating, and senior unsecured rating of Greentown China Holdings Limited (Greentown) to B1 from Ba3. Moody's Ratings has maintained the negative outlook on the ratings. "The rating downgrade reflects our exp...

Carbon Transition – Global:Industrial policies drive innovation, with ...

Policy support could speed up development of emerging green technologies, creating opportunities and risks in carbon-intensive sectors.

CK Hutchison Group Telecom Holdings Limited: Update to credit analysis...

Our credit view of CKHGT reflects its track record, diversification, prudent management, likelihood of parent support, balanced against its moderate market position and intense competition.

Financial Institutions – China: AMCs face persisting pressure on profi...

The 2023 annual results of CITIC AMC and Cinda AMC indicate persisting pressure on profitability, asset quality and capital positions, from China’s property correction and economic slowdown

Plenti Auto ABS 2024-1 Trust: Pre-sale – Plenti Finance's first auto A...

The subject transaction is a static cash securitisation of auto loans extended by Plenti Finance Pty Limited.

PROSPArous Trust 2024-1: New Issue: Prospa's small business loan and l...

Our credit view of PROSPArous Trust 2024-1, including our analysis of the underlying loan receivables and the securitisation structure.

Moody's Ratings upgrades ratings on two classes of notes issued by Ven...

Moody's Ratings has upgraded the ratings on the following notes issued by Venture XXIV CLO, Limited: U.S.$15,000,000 Class D-1RR Mezzanine Secured Deferrable Floating Rate Notes due 2028 (the "Class D-1RR Notes"), Upgraded to Aa1 (sf); previously on October 10, 2023 Upgraded to Aa3 (sf) U.S.$12,0...

CareTrust REIT, Inc.: Update to credit analysis

Our credit view of this issuer reflects its low leverage and stable earnings from its triple-net lease investments, offset by risks associated with its tenants' skilled nursing operations.

Moody's Ratings assigns provisional ratings to Plenti Auto ABS Trust 2...

Moody's Ratings has assigned the following provisional ratings to the notes to be issued by Perpetual Corporate Trust Limited in its capacity as the trustee of the Plenti Auto ABS Trust 2024-1. IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. SUCH US...

Lake Forest School District 67 (Lake County), IL: Update following rat...

Our credit of this district reflects its very strong resident income and wealth, strong liquidity, and modest leverage, along with its narrow operating fund balance relative to peers.

Moody's Ratings affirms Coopeuch's ratings, outlook remains stable

Moody's Ratings has today affirmed all of Coopeuch's ratings, including its long- and short-term deposit ratings at A3 and Prime-2 and its long- and short-term counterparty risk ratings and assessments at A3 and Prime-2, and A3(cr) and Prime-2(cr), respectively. Coopeuch's baseline credit assessment...

Allied Credit ABS Trust 2024-1: New Issue – Allied Credit’s first ABS ...

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

Moody's Ratings assigns Aa1 to Metropolitan Water District of Southern...

Moody's Ratings has assigned a Aa1 rating to the Metropolitan Water District of Southern California's Water Revenue Refunding Bonds, 2024 Series A. The bonds will be issued in the par amount of approximately $355 million. Moody's Ratings maintains Aa1 ratings on the Metropolitan Water District of So...

Shift4 Payments, Inc.: Update to credit analysis

Our credit view of this issuer reflects its strong revenue growth and its solid cash liquidity relative to debt, against its m&A driven strategy and consumer spending exposure.

City of Lynchburg, VA: Update to credit analysis

Our credit view of Lynchburg, VA highlighting a strong financial position, manageable long-term liabilities and fixed-costs and weak incomes and wealth levels relative to peers.

J.P. Morgan Mortgage Trust 2024-4: Fourth prime jumbo issue from J.P. ...

This report explores the credit quality of the transaction, including both credit strengths and challenges, and addresses the transaction’s assets and structure.

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