Spar Nord assigned rating by Moody’s
OSLO: Moody’s Investors Service has announced that the rating agency has started to rate Spar Nord, assigning the following ratings: Baseline credit assessment: baa1 Bank deposit rating: A1 / P-1…
Moody’s affirms IEnova’s credit rating; changes outlook
MEXICO CITY: Infraestructura Energética Nova (IEnova), a Mexican company committed with the long-term sustainable development of the country, announced that Moody’s affirmed IEnova’s global scale corporate credit rating of Baa1…
Credit rating upgrade to investment grade by Moody’s
LONDON: Globalworth, the leading office investor in Central and Eastern Europe, is pleased to announce that Moody’s Investors Service, the international credit rating agency, has upgraded the Company’s issuer credit…
Moody’s upgrades X5’s rating to Ba1/Stable
AMSTERDAM: X5 Retail Group N.V., a leading Russian food retailer, announces that Moody’s Investors Service has upgraded the Company’s corporate family rating to Ba1 from Ba2. The outlook is “Stable”.…
Moody’s reaffirms Auckland Council’s Aa2 credit rating
SYDNEY: Moody’s Investors Service has reaffirmed Auckland Council’s Aa2 credit rating on a stable outlook. Auckland Council s Group Chief Financial Officer Matthew Walker says that the rating reaffirms that…
Moody’s revises outlook for Singtel Optus and Optus Finance to negative
SYDNEY: Moody’s Investors Service (Moody’s) has revised the ratings outlook on Singtel Optus Pty Limited (Optus) and Optus Finance Pty Limited (Optus Finance) to negative from stable. At the same…
Mini-budget lacks solutions for fiscal constraints: Moody’s
KARACHI: Pakistan’s recently announced mini budget lacks new solutions to address its fiscal constraints and debt sustainability will largely remain at risk, ratings agency Moody’s Investors Service said on Thursday.…
Pakistan’s reserves adequacy is among the lowest: Moody’s
KARACHI: Pakistan’s reserves adequacy is among the lowest of rated sovereigns covering less than two months of imports as of September 2018”, notes Moody’s in its ‘Global Emerging Markets: Outlook’…
Pakistan’s latest privatization reduces external vulnerabilities, a Credit Positive: Moody’s
KARACHI: The government of Pakistan raised more than $1 billion by selling its 41.5 percent stake in Habib Bank Ltd., the country’s largest bank. The stake sale, primarily to foreign…