Public utilities
Harris County Municipal Utility District No. 171, in the state of Texas, is poised to issue contract revenue bonds worth $50 million, with a Baa2 rating from Moody's Investors Service. This development is part of the district's ongoing efforts to provide essential infrastructure to the Elyson
Public utilities
Moody's Investors Service has assigned a stable outlook and an Aa2 rating to Western Minnesota Municipal Power Agency's (WMMPA) proposed $27 million Power Supply Revenue Refunding Bonds 2025 Series A. This rating reflects WMMPA's strong financial metrics, the underlying credit quality of Missouri River
Public utilities
Broward County, located in south Florida, has been assigned an Aa1 rating for its Water and Sewer Utility Refunding Revenue Bonds, Series 2025, with an estimated par value of $161.5 million. The rating reflects the system's large size, diverse and stable customer base, and adequate capacity through
Public utilities
The City of Los Angeles Department of Water and Power (LADWP) has issued $1.36 billion in Power System Revenue Bonds, 2025 Series C. Moody's Investors Service has assigned a Aa2 rating to the bonds, with a negative outlook. The rating reflects LADWP's strong financial metrics,
Public utilities
Moody's Investors Service has assigned a Baa2 rating to Montgomery County Municipal Utility District 128A, TX's proposed $6.2 million Unlimited Tax Road Bonds, Series 2025. The district's outstanding general obligation unlimited tax (GOULT) debt will total $76.4 million after the sale. The
Banks (Finance)
Moody's Investors Service has upgraded Bank of Ireland's (BOI) long-term deposit and senior unsecured debt ratings to Aa3 from A1, reflecting the bank's strong asset quality, high levels of capitalisation, and significantly stronger core profitability. The upgrade also includes the standalone Baseline Credit Assessment
Banks (Finance)
Moody's Ratings has announced that it has placed Hancock Whitney Corporation and its subsidiary, Hancock Whitney Bank, on review for upgrade, focusing on the sustainability of their improved capitalization and strong profitability, as well as the potential credit implications of the bank's multi-year growth plan. Key
Banks (Finance)
Moody's Investors Service has upgraded the long-term ratings and assessments of Allied Irish Banks, p.l.c. (AIB) and its holding companies AIB Group plc (AIBG) and EBS d.a.c. by one notch, citing reduced asset risk, strong capitalization, and improved core profitability. The upgrades reflect the
Banks (Finance)
Moody's Investors Service has upgraded Bank CenterCredit's ratings, citing improvements in the bank's asset quality, profitability, and solvency. The upgraded ratings include long-term local and foreign currency deposit ratings to Baa3 from Ba1, long-term Counterparty Risk Assessment to Baa3(cr) from Ba1(cr), and
Banks (Finance)
WesBanco, Inc., a Wheeling, WV-based banking company, has received first-time ratings from Moody's Investors Service. The ratings reflect the bank's strong credit quality track record, granular locally-sourced deposit base, and expanding profitability. However, the ratings also consider risks to creditors, including a high concentration in commercial
Banks (Finance)
Neuraxpharm, a pan-European specialist in CNS disorders, has obtained a new EUR668.7 million senior secured term loan and a EUR100 million revolving credit facility from Moody's Investors Service. The ratings agency has assigned B3 ratings to the new debt, citing the company's weak credit metrics
Banks (Finance)
Raiffeisen Bank Zrt. (RBH), a Hungarian bank, has seen its senior unsecured debt ratings upgraded by one notch to Baa2 by Moody's Investors Service. This decision comes after the bank issued a significant amount of bail-in-able junior senior unsecured debt, which has increased the loss absorption for senior
