Moody’s downgrades Huws Gray’s ratings to B3 from B2
Moody’s Investors Service downgraded the long-term corporate family rating (CFR) of Patagonia Bidco Limited (Huws Gray or the company) to B3 from B2 and the probability of default rating (PDR) to B3-PD from B2-PD. Concurrently, Moody’s has downgraded to B3…
Moody’s changes rating to negative on ten UK PFI
Moody’s affirmed the A2 underlying debt ratings of seven UK hospital Private Finance Initiative (PFI) project issuers: Criterion Healthcare PLC, Endeavour SCH PLC, HPC King’s College Hospital (Issuer) PLC, United Healthcare (Bromley) Limited, Hospital Company (Swindon and Marlborough), Worcestershire Hospital…
SANTANDER’S RMBS CREDIT DERIVATIVE LOANS PORTFOLIO DOWNGRADED
Moody’s downgraded the rating of Class B notes in FONDO DE TITULIZACIÓN RMBS SANTANDER 7 (“RMBS Santander 7”). The rating action reflects worse-than-expected collateral performance and the unpaid interest accumulated in Class B notes. Moody’s affirmed the rating of the…
Adidas’debt credit rating downgraded, on declining profit and retail sales
Adidas senior unsecured debt credit rating downgraded to A3 from A2 the long-term issuer ratings of Adidas AG. Moody’s also downgraded Adida’s short-term issuer rating to Prime-2 from Prime-1. RATING RATIONALE Today’s rating action is prompted by a steep profit…