According to a Reuters report, Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's biggest lenders, warning that the sector's credit strength will likely be tested by funding...
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August 09, 2023, 07:48 AM
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After weathering the financial impact of a federal tax overhaul in 2018, Moody's expects North American regulated electric and gas utilities to see a reduction in external financing needs despite ramping up capital spending."The North American...
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August 20, 2019, 08:55 AM
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The performance of structured finance transactions around the globe will largely remain strong on the back of continued, but slowing, growth across the regional economies; however, late-cycle trends such as weakening in the underwriting of both...
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December 27, 2018, 09:00 AM
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The Securities and Exchange Commission announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of $16.25 million in penalties to settle charges involving internal control failures...
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August 29, 2018, 07:14 AM
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Moody's Investors Service assigned ratings to four debtor-in-possession ("DIP") credit facilities of affiliated entities of Toys 'R' Us, Inc. Ratings are outlined below:
Toys 'R' Us-Delaware, Inc. (DIP)
$1.85 billion DIP ABL revolving credit...
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November 20, 2017, 07:00 AM
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The outlook for the global oilfield services and drilling sector (OFS) remains stable, Moody's Investors Service says in a new report. After two years of severe demand and price erosion, 2017 marks a turning point for revenues, earnings and cash...
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September 05, 2017, 07:08 AM
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The amount of cash held by US non-financial companies totaled $1.84 trillion at the end of 2016, up 9.2% from $1.68 trillion at the end of 2015, Moody's Investors Service says in a new report. The top-five cash hoarders all come from the technology...
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July 24, 2017, 08:01 AM
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Moody’s Corporation announced that it has reached an agreement with the U.S. Department of Justice (DOJ) and the attorneys general of 21 U.S. states and the District of Columbia to resolve pending and potential civil claims related to credit ratings...
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January 16, 2017, 08:00 AM
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The substantial increase over the past six years of first-lien debt with little or no subordinated debt to absorb losses will lower recovery rates for senior leveraged loan investors in the next downturn, said Moody's Investors Service.The prevalence...
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April 21, 2016, 07:52 AM
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Moody's Investors Service has placed the senior and subordinated debt ratings of the holding companies for the six largest US banks on review as it considers reducing its government (or systemic) support assumptions to reflect the impact of US bank...
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August 23, 2013, 08:01 AM
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