Capital Market Journal

Capital Markets are the cornerstone foundation of economies

Moody’s downgrades Checkers Holdings credit rating to Ca following missed principal payment on first-lien term loan facilities

Moody’s downgraded Checkers Holdings, Inc.’s (Checkers) probability of default rating (PDR) to Ca,  its corporate family rating (CFR) to Ca from Caa2 and its senior secured bank credit facility to Caa3 from Caa1.  The downgrades follow the expiration of the…

Moody’s downgrades Checkers PDR to Ca-PD/LD following missed principal payment on first-lien term loan facilities

Moody’s downgraded Checkers Holdings, Inc.’s (Checkers) probability of default rating (PDR) to Ca, its corporate family rating (CFR) to Ca from Caa2 and its senior secured bank credit facility to Caa3 from Caa1. The downgrades follow the expiration of the…

CMBS STRUCTURED FINANCE DEBT ISSUED BY JPMCC DOWNGRADED

Approximately $309 million of structured securities affected downgraded the ratings on two classes of CMBS securities, issued by J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-MFP, Commercial Mortgage Pass-Through Certificates, Series 2019-MFP as follows: Cl. A, Affirmed Aaa (sf); previously…

Moody’s downgrades Yale New Haven Health Services Corporation (CT) to A1

Moody’s Investors Service has downgraded Yale New Haven Health Services Corporation’s (YNHH, CT) revenue bond ratings to A1 from Aa3. Yale New Haven Health Services Corporation (HSC) is the obligated group agent and borrowing entity for Yale New Haven Health…