Moody's Investors Service Inc.
The Moody's Investors Service has issued a rating of MIG 1 to the Tonawanda City School District's Bond Anticipation Notes - 2025, with a proposed par amount of $42.23 million. The rating reflects the long-term credit quality of the anticipated take-out financing supported by the
Moody's Investors Service Inc.
Moody's Investors Service has assigned a Aa2 rating to Canyon County School District 139's (Vallivue) General Obligation Refunding Bonds, Series 2025, in the expected amount of approximately $11.3 million. The district's strong financial position, sound reserves, and capable management support the rating. The
Moody's Investors Service Inc.
Moody's Investors Service has issued ratings for two classes of refinancing notes issued by Apidos CLO XXIX, a managed cash flow collateralized loan obligation (CLO). The ratings assign a provisional Aaa (sf) rating to the Class A-1-R Senior Secured Floating Rate Notes due 2037 and a B3 (sf)
Moody's Investors Service Inc.
Moody's Investors Service has affirmed all ratings and assessments of Ziklo Bank, a Swedish bank, despite changing the outlook on the long-term deposit and issuer ratings to negative from stable. This decision aligns with the negative outlook on part-owner Volvo Car AB, due to its challenging macroeconomic environment
Moody's Investors Service Inc.
Moody's Investors Service has assigned a Aa3 rating to Roseville Joint Union High School District's (RJUHSD) School Facilities Improvement District (SFID) 1, CA's Election of 2007 General Obligation Bonds, Series E (School Facilities Improvement District No. 1) in the expected par amount of approximately
Moody's Investors Service Inc.
Moody's Ratings has confirmed Herschend Entertainment Company, LLC's (Herschend) current ratings, including its Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR), and Ba3 senior secured term loan B rating, despite a negative outlook. The confirmation comes after the company's proposed acquisition
Moody's Investors Service Inc.
Aggreko, a leading global provider of modular power generation and temperature control equipment, has announced plans to refinance its debt with the issuance of backed senior secured notes due 2030. Moody's Investors Service has assigned a B1 rating to these notes, reflecting the company's sustained strong
Banks (Finance)
In a recent report released by Moody's Investors Service, fintech companies in the Philippines have the potential to overtake banks in retail services. The report highlights the growing popularity of mobile wallets, with more Filipinos using digital payments to access financial services. As a result, the mobile wallet
Banks (Finance)
Philippines remains one of the largest markets for fintech companies, as approximately 70% of its adult population lacks access to banking and financial services. Fintech firms such as Globe Telecom Inc.'s GCash and PLDT Inc.'s PayMaya have been rapidly expanding their services, while conventional banks struggle
Banks (Finance)
Singapore's Oversea-Chinese Banking Corp Ltd (OCBC) and United Overseas Bank Limited (UOB) have maintained their Aa1 deposits and senior unsecured debt ratings, according to Moody's Investors Service. The ratings affirmation comes despite the challenging operating environment due to the coronavirus pandemic and economic volatility. Moody'
Banks (Finance)
Kenyan banks' heavy investment in government debt and reliance on treasury bills and bonds threatens their credit ratings, prompting Moody's to warn of a possible downgrade. As the government's debt distress deepens, banks are exposed to a greater risk of default, impacting their liquidity buffers
Banks (Finance)
Moody's Investors Service, a renowned credit rating agency, has concluded a periodic review of the ratings associated with Dubai Islamic Bank PJSC. The review assessed the bank's financial and operating profile in comparison to similarly rated peers and did not involve a rating committee. The outcome
