Global financial institutions’ (FIs) credit ratings have been affected less severely by the pandemic than by the two previous crises this century, Fitch Ratings says. The agency’s transition and default analysis shows that global FI ratings fell by 0...
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November 17, 2021, 07:40 AM
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The significant rise in low investment-grade U.S. corporate debt may not equate to greater fallen angel risk in the next downturn, according to Fitch Ratings. Some of the rise is due to M&A accompanied by EBITDA growth and some is attributed to...
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January 29, 2019, 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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