Moody's Global Credit Research

Moody's Global Credit Research Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.
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Latest Research:
Name Date
Moody's affirms the Aa2 General Obligation rating for Flemington-Raritan Regional School District (NJ); Removes negative outlook Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: Flemington-Raritan Reg. S.D., NJ Moody's affirms the Aa# General Obligation rating for Flemington-Raritan Regional School District (NJ); Removes negative outlook Aa# Rating...
Moody's assigns Aa2 rating to Willoughby-Eastlake City School District's (OH) $8.6 million Energy Conservation Improvement (General Obligation Limited Tax) Bonds, Series 2012 Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: Willoughby-Eastlake City School District, OH Moody's assigns Aa# rating to Willoughby-Eastlake City School District's (OH) $#.# million Energy Conservation Improvement...
Moody's: Implications of the Supreme Court's Decision for Health Insurers Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: Moody's: Implications of the Supreme Court's Decision for Health Insurers New York, May ##, #### -- In a new report titled "Supreme Court Healthcare Reform Decision: What...
Moody's affirms the Aa2 General Obligation Rating for Flemington-Raritan Regional School District (NJ); Removes negative outlook Moody 2012-05-23
Global Credit Research Rating Update ## MAY #### Rating Update: Flemington-Raritan Reg. S.D., NJ Moody's affirms the Aa# General Obligation Rating for Flemington-Raritan Regional School District (NJ); Removes negative outlook Aa# Rating...
Corporación Andina de Fomento Corporación Andina de Fomento 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Corporacion Andina de Fomento Corporacin Andina de Fomento Ratings Category Moody's Rating Outlook Stable Issuer Rating A# Senior Unsecured A# Commercial Paper P-# Other...
Credito Inmobiliario, S.A. de C.V. Credito Inmobiliario, S.A. de C.V. 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Credito Inmobiliario, S.A. de C.V. Credito Inmobiliario, S.A. de C.V. Mexico Ratings Category Moody's Rating Outlook Negative Issuer Rating -Dom Curr Caa# NSR Issuer...
Moody's assigns Aa2 rating to Willoughby-Eastlake City School District's (OH) $8.6 million Energy Conservation Improvement (General Obligation Limited Tax) Bonds, Series 2012 Moody 2012-05-23
Global Credit Research New Issue ## MAY #### New Issue: Willoughby-Eastlake City School District, OH Moody's assigns Aa# rating to Willoughby-Eastlake City School District's (OH) $#.# million Energy Conservation Improvement (General...
Managing Agent Forecasts Managing Agent Forecasts 2012-05-23
...Managing Agent Forecasts Syndicate #### represents the aggregated results/forecasts of wholly aligned syndicates. Syndicate Year Agent Forecast % #### Q# Agent Forecast % #### Q# Change #### #### #.#% #.#% #.#% #### #### #### #### -##.#% -##.#% #.#% #### #### -##.#% -##.#% -#.#% #### #### #.#% #.#% #.#% #### #### -#.#% -#.#% #.#% #### #### #### #### ##.#% ##.#% #.#% #### #### #### #### #### #### -#.#% -#.#% -#.#% #### #### -##.#% -##.#% #.#% #### #### #.#% #.#% #.#% #### #### ##.#% #.#% #.#% #### #### #.#% #.#% #.#% #### #### #.#% #.#% #.#% #### #### #.#% -#.#% #.#% #### #### #### #### -##.#% -##.#% -#.#% #### #### -##.#% -##.#% #.#% #### #### #### #### #### #### ##.#% ##.#% #.#% #### #### #### #### -##.#% -##.#% #.#% #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### #### -##.#% -##.#% -#.#% #### #### #### #### #### #### #### #### #### #### -#.#%...
Vorarlberger Landes- und Hypothekenbank AG Public Sector Covered Bonds Vorarlberger Landes- und Hypothekenbank AG Public Sector Covered Bonds 2012-05-23
... to download into Excel Client Service Desk London: +## ## ####-####, csdlondon@moodys.com Reporting as of: ##/##/#### All amounts in EUR (unless otherwise specified) For information on how to read this report, see the latest Moody's EMEA Covered Bond Monitoring Overview Data as provided to Moody's Investors Service (note #)...
Grupo Brasil - FIDC do Segmento Industrial Grupo Brasil - FIDC do Segmento Industrial 2012-05-23
...: #/##/#### Issuer: Grupo Brasil - FIDC do Segmento Industrial Master and Back-up Servicer: Banco do Brasil S.A. (A# Bank Deposit Ratings on the Global Scale, Local Currency & Aaa.br on the Brazilian National Scale) Trustee: Oliveira Trust DTVM S.A. (Not Rated) External Auditor: Deloitte Touche Tohmatsu Auditores Independentes...
Terra Boligkreditt Mortgage Covered Bond Programme Terra Boligkreditt Mortgage Covered Bond Programme 2012-05-23
... to download into Excel Client Service Desk London: +## ## ####-####, csdlondon@moodys.com Reporting as of: ##/##/#### All amounts in NOK (Norway) (unless otherwise specified) For information on how to read this report, see the latest Moody's EMEA Covered Bond Monitoring Overview Data as provided to Moody's Investors Service (note #)...
Grupo Brasil - FIDC do Segmento Industrial (Portuguese translation) Grupo Brasil - FIDC do Segmento Industrial (Portuguese translation) 2012-05-23
...Data do Monitoramento # de março de #### Contatos Johann Grieneisen, VP/Senior Analyst, ## (##) ####-####, Johann.Grieneisen@Moodys.com Tipo de Veículo Emissor: FIDC condomínio fechado multi-série...
Financiacion Bancaja 1, FTA Financiacion Bancaja 1, FTA 2012-05-23
...Interest - Interest deferral: Interest on class B is paid junior to the principal due on class A until class A is fully redeemed. Interest - Interest deferral: Interest on class C is paid junior to the principal due on class A until class A is fully redeemed. Reserve Fund - Reserve Fund - Stop Release: The reserve fund will stop amortising if delinquencies exceed #%. Reserve Fund - Reserve Fund - Stop Release: The reserve fund will stop amortising if it is not at its target....
National Bank of Greece S. A. Covered Bond Programme II National Bank of Greece S. A. Covered Bond Programme II 2012-05-23
...Contacts Falconi, Francesca - (+##) ## #### #### - francesca.falconi@moodys.com Monitoring Monitor.CB@moodys.com Click here to download into Excel Client Service Desk London: +## ## ####-####, csdlondon@moodys.com Reporting as of: ##/##/#### All amounts in EUR (unless otherwise specified) For information on how to read this report, see the latest Moody's EMEA Covered Bond Monitoring Overview Data as provided to Moody's Investors Service (note #)...
National Bank of Greece S.A. Global Covered Bond Programme National Bank of Greece S.A. Global Covered Bond Programme 2012-05-23
... to download into Excel Client Service Desk London: +## ## ####-####, csdlondon@moodys.com Reporting as of: ##/##/#### All amounts in EUR (unless otherwise specified) For information on how to read this report, see the latest Moody's EMEA Covered Bond Monitoring Overview Data as provided to Moody's Investors Service (note #)...
ING-DiBa AG Mortgage Covered Bonds ING-DiBa AG Mortgage Covered Bonds 2012-05-23
... to download into Excel Client Service Desk London: +## ## ####-####, csdlondon@moodys.com Reporting as of: ##/##/#### All amounts in EUR (unless otherwise specified) For information on how to read this report, see the latest Moody's EMEA Covered Bond Monitoring Overview Data as provided to Moody's Investors Service (note #)...
WILCO 2007-1 GmbH WILCO 2007-1 GmbH 2012-05-23
#.# % ##.# % ##.# % ##.# % ##.# % ##.# % #.# #.# #.# #.# F e b -# # M a y- # # A u g -# # No v - # # F e b -# # M a y- # # A u g -# # No v - # # F e b -# # M a y- # # A u g -# # No v - # # F e b -# # M a y- # # A u g -# # No v - # #...
UniCredit Bank AG - Mortgage Covered Bonds UniCredit Bank AG - Mortgage Covered Bonds 2012-05-23
... to download into Excel Client Service Desk London: +## ## ####-####, csdlondon@moodys.com Reporting as of: ##/##/#### All amounts in EUR (unless otherwise specified) For information on how to read this report, see the latest Moody's EMEA Covered Bond Monitoring Overview Data as provided to Moody's Investors Service (note #)...
ENEL S.p.A. ENEL S.p.A. 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: ENEL S.p.A. ENEL S.p.A. Italy Ratings Category Moody's Rating Outlook Stable Issuer Rating Baa# Sr Unsec Bank Credit Facility -Dom Curr Baa# Senior Unsecured Baa# ENEL...
Autovia de Los Vinedos, S.A. (AUVISA) Autovia de Los Vinedos, S.A. (AUVISA) 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Autovia de Los Vinedos, S.A. (AUVISA) Autovia de Los Vinedos, S.A. (AUVISA) Spain Ratings Category Moody's Rating Outlook Negative Bkd Sr Sec Bank Credit Facility -Dom...
Autovia de la Mancha S.A. Autovia de la Mancha S.A. 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Autovia de la Mancha S.A. Autovia de la Mancha S.A. Spain Ratings Category Moody's Rating Outlook Negative Bkd Sr Sec Bank Credit Facility -Dom Curr Aa# Contacts Analyst...
Wyle Services Corporation Wyle Services Corporation 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Wyle Services Corporation Wyle Services Corporation El Segundo, California, United States Ratings Category Moody's Rating Outlook Stable Corporate Family Rating B# Sr...
Jazz Pharmaceuticals, Inc. Jazz Pharmaceuticals, Inc. 2012-05-23
Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk.
Moody's changes outlook on Sanofi's A2 rating to positive from stable Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: Sanofi Moody's changes outlook on Sanofi's A# rating to positive from stable Paris, May ##, #### -- Moody's Investors Service has today changed the outlook on the A# long-term...
Moody's downgrades all classes of Notes for UK ground-rent backed Fairhold Securitisation Limited due to increased refinancing risk Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: Fairhold Securitisation Limited Moody's downgrades all classes of Notes for UK ground-rent backed Fairhold Securitisation Limited due to increased refinancing risk GBP...
Moody's Fully Supported Municipal & IRB Deals Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: Moody's Fully Supported Municipal & IRB Deals New York, May ##, #### -- ASSIGNMENTS Illinois Finance Authority, Adjustable Rate Demand Revenue Bonds US$ ##.##M Ser. ####...
Nationwide Life Insurance Company Nationwide Life Insurance Company 2012-05-23
Global Credit Research Liquidity Risk Assessment ## MAY #### Liquidity Risk Assessment: Nationwide Life Insurance Company Nationwide Life Insurance Company Columbus, Ohio, United States Broad Industry: Insurance Specific Industry:...
Chesapeake Energy VPP Adjustment Details and Amortization May 2012 Chesapeake Energy VPP Adjustment Details and Amortization  May 2012 2012-05-23
...In addition to our standard analytical adjustments for operating leases and hybrid securities, we make adjustments to Chesapeake Energy's (Chesapeake Ba# negative) reported debt for other obligations as described in the Debt Adjustments section of our credit opinion report. The largest adjustment is for Volumetric Production Payments (VPP). Moody's treats VPP's as collateralized borrowings for analytical purposes. VPP's are structured hybrid transactions that entail both the conveyance of oil and natural gas reserves and an obligation to incur the future production costs to produce the sold reserves. While there is some risk transference to the VPP buyer, we believe that the over- collateralization of reserves, the contractual, asset-specific make-whole provisions and other considerations makes debt treatment the best analytical response. For a more detailed discussion of VPPs, their credit implications and our analytical adjustments see Volumetric Production Payments ­ Analytical Implications...
Crest Dartmouth Street 2003-1, Ltd. Crest Dartmouth Street 2003-1, Ltd. 2012-05-23
...Deal Name: Crest Dartmouth Street ####-#, Ltd. Deal Closing Date: #/##/#### Effective Date: ##/##/#### (estimated) Reporting Date: #/##/#### Processing Date: #/##/#### Number of Years Since Closing Date: #.## Trustee: U.S. Bank National Association Underwriter - Lead: Wachovia Securities Inc. Underwriter: Wachovia Securities Inc. Issuer: Crest Dartmouth Street ####-#, Ltd. Counsel: Sidley Austin Brown & Wood Agent - Collateral: Sun Capital Advisers, Inc. Non Call Period End Date: -- Pay Frequency: Quarterly Determination Dates: February, May, August, November Deal Type: CDO-CRE*...
CW Capital COBALT I, Ltd. CW Capital COBALT I, Ltd. 2012-05-23
...Rating Credit Support Class CUSIP Issue Amount ($MM) Current Balance ($MM) Anticipated Maturity Date...
Gramercy Real Estate CDO 2005-1 Ltd. Gramercy Real Estate CDO 2005-1 Ltd. 2012-05-23
...Rating Credit Support Class CUSIP Issue Amount ($MM) Current Balance ($MM) Anticipated Maturity Date...
Acacia CRE CDO 1, Ltd. Acacia CRE CDO 1, Ltd. 2012-05-23
...Rating Credit Support Class CUSIP Issue Amount ($MM) Current Balance ($MM) Anticipated Maturity Date...
Brascan Structured Notes 2005-2, Ltd. Brascan Structured Notes 2005-2, Ltd. 2012-05-23
...Rating Credit Support Class CUSIP Issue Amount ($MM) Current Balance ($MM) Anticipated Maturity Date...
CAPMARK VII - CRE LTD. CAPMARK VII - CRE LTD. 2012-05-23
...Rating Credit Support Class CUSIP Issue Amount ($MM) Current Balance ($MM) Anticipated Maturity Date...
Arbor Realty Mortgage Securities Series 2006-1 Arbor Realty Mortgage Securities Series 2006-1 2012-05-23
...Rating Credit Support Class CUSIP Issue Amount ($MM) Current Balance ($MM) Anticipated Maturity Date...
Gramercy Real Estate CDO 2007-1 Gramercy Real Estate CDO 2007-1 2012-05-23
...Rating Credit Support Class CUSIP Issue Amount ($MM) Current Balance ($MM) Anticipated Maturity Date...
CGCMT 2010-RR2 Trust, Resecuritization Pass-Through Certificates, Series 2010-RR2 CGCMT 2010-RR2 Trust, Resecuritization Pass-Through Certificates, Series 2010-RR2 2012-05-23
...This represents a ratings summary of instruments that may or may not fall under the definition of a Structured Finance instrument. For further information you may refer to www.moodys.com. No Underlying Collateral Pool for reporting date....
CSMC Series 2010-RR4 CSMC Series 2010-RR4 2012-05-23
...Rating Credit Support Class CUSIP Issue Amount ($MM) Current Balance ($MM) Anticipated Maturity Date...
Moody's comments on Lotte Shopping's weak 1Q results Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: Lotte Shopping Co., Ltd. Moody's comments on Lotte Shopping's weak #Q results Hong Kong, May ##, #### -- Moody's Investors Service says that Lotte Shopping Co Ltd's weak...
Moody's: UK food retail growth slows as competition, economic pressures bite Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: Iceland Foods Group Limited Moody's: UK food retail growth slows as competition, economic pressures bite Paris, May ##, #### -- Growth in the UK food retail sector has slowed...
Moody's: Chemicals Industry Performance Hinges on China Growth, While Domestic Demand Supports North America Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: Moody's: Chemicals Industry Performance Hinges on China Growth, While Domestic Demand Supports North America London, ## May #### -- Moody's expects that solid growth in...
Diageo PLC Diageo PLC 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Diageo PLC Diageo PLC London, United Kingdom Ratings Category Moody's Rating Outlook Stable Issuer Rating A# Senior Unsecured MTN (P)A# Subordinate MTN (P)Baa# Diageo...
Sun Hung Kai Properties Limited Sun Hung Kai Properties Limited 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Sun Hung Kai Properties Limited Sun Hung Kai Properties Limited Hong Kong Ratings Sun Hung Kai Properties (Capital Market) Ltd. Category Moody's Rating Sun Hung Kai...
Public Bank (Hong Kong) Limited Public Bank (Hong Kong) Limited 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Public Bank (Hong Kong) Limited Public Bank (Hong Kong) Limited Hong Kong Ratings Category Moody's Rating Outlook Stable Bank Deposits A#/P-# Bank Financial Strength...
Winsway Coking Coal Holdings Limited Winsway Coking Coal Holdings Limited 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Winsway Coking Coal Holdings Limited Winsway Coking Coal Holdings Limited British Virgin Islands Ratings Category Moody's Rating Outlook Negative Corporate Family Rating...
UK Food Retail Growth Slows As Competition and Economic Pressures Bite UK Food Retail Growth Slows As Competition and Economic Pressures Bite 2012-05-23
...» UK food retail is a mature market with established players, but there is still room for expansion. However, we expect that future growth in the sector will be mostly organic, and not significantly affected by future acquisitions. Future consolidation in the market will not constitute a risk to the ratings of UK food retail issuers in the sector as their markets shares are likely to be largely unchanged. » Slowing inflation will support spending in ####, but the economic environment remains challenging. We expect that UK food retail sales will grow in the low single- digit range through #### as a result of a challenging macroeconomic environment. » Like-for-like sales growth will remain under pressure because the market is intensely competitive and consumers are spending less. Retailers with strong value propositions, such as Morrisons and Iceland should continue to capture customers. More upscale retailers such as Marks & Spencer (M&S) may suffer if there is a protracted downturn. » Profit...
Extremadura, Junta de Extremadura, Junta de 2012-05-23
...The Baa# long-term issuer rating of the Region of Extremadura reflects debt levels that remain at manageable levels despite their rapid increase in the last two years, as well as the absence of indirect and guaranteed debt. The rating factors in the deterioration in both the region's operating revenue and debt metrics in #### and the further debt increase we expect in ####. While we note that Extremadura is currently implementing significant expenditure cuts, we believe that budget pressures will continue in #### as time will be needed before regional finances reflect these cuts....
EFG Eurobank Ergasias S.A. Mortgage Covered Bonds EFG Eurobank Ergasias S.A. Mortgage Covered Bonds 2012-05-23
... here to download into Excel Client Service Desk London: +## ## ####-####, csdlondon@moodys.com Reporting as of: ##/##/#### All amounts in EUR (unless otherwise specified) For information on how to read this report, see the latest Moody's EMEA Covered Bond Monitoring Overview Data as provided to Moody's Investors Service (note #)...
Moody's confirms the B3 ratings of Autovia de Los Viñedos, S.A.; outlook negative Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: Autovia de Los Vinedos, S.A. (AUVISA) Moody's confirms the B# ratings of Autovia de Los Viedos, S.A.; outlook negative EUR### million of debt facilities affected Madrid,...
Moody's downgrades Cyprus Popular Bank's subordinated debt rating to Ca from Caa2 Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: Cyprus Popular Bank Public Co Ltd Moody's downgrades Cyprus Popular Bank's subordinated debt rating to Ca from Caa# Action follows CPB's offer to buy-back €### million...
Moody's sees stable outlook for China's P&C insurance sector Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: China Pacific Property Insurance Co Ltd Moody's sees stable outlook for China's P&C insurance sector Hong Kong, May ##, #### -- Moody's Investors Service says the outlook...
Moody's assigns Aa3 to Japan Expressway Holding & Debt Repayment Agency's bonds Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: Japan Expressway Hld. & Debt Repayment Agency Moody's assigns Aa# to Japan Expressway Holding & Debt Repayment Agency's bonds JPY ## billion of New Debt Securities Rated...
Moody's confirms Nippon Steel's A3 rating; outlook negative Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: NS Preferred Capital Limited Moody's confirms Nippon Steel's A# rating; outlook negative JPY### billion of debt affected Tokyo, May ##, #### -- Moody's Japan K.K. has confirmed...
Moody's downgrades JFE Holdings to Baa1; outlook negative Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: JFE Holdings, Inc. Moody's downgrades JFE Holdings to Baa#; outlook negative JPY### billion of debt affected Tokyo, May ##, #### -- Moody's Japan K.K. has downgraded the...
Moody's assigns Aa3 rating to East Finance plc's GBP250 million proposed bond issuance; outlook negative Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: East Finance Plc Moody's assigns Aa# rating to East Finance plc's GBP### million proposed bond issuance; outlook negative London, ## May #### -- Moody's Investors Service...
Moody's: NIG's planned syndicated facility is credit positive Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: NIG Sukuk Ltd Moody's: NIG's planned syndicated facility is credit positive London, ## May #### -- Moody's Investors Service has today said that it views as credit positive...
Moody's rates Corsair (Jersey) No.3 Series 34 repackaged notes Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: [non-NASRO] Corsair (Jersey) No.# Limited Series ## Moody's rates Corsair (Jersey) No.# Series ## repackaged notes JPY# billion of debt securities affected Tokyo, May...
Moody's & CCXI to host fifth annual China conferences Moody 2012-05-23
Global Credit Research Announcement ## MAY #### Announcement: Moody's & CCXI to host fifth annual China conferences China's credit strengths within the context of the euro area crisis will be a major focus Singapore, May ##, #### --...
Vimpel-Communications OJSC Vimpel-Communications OJSC 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Vimpel-Communications OJSC Vimpel-Communications OJSC Moscow, Russia Ratings Category Moody's Rating Outlook Stable Issuer Rating Ba# Senior Unsecured Ba#/LGD# Ult Parent:...
Declining Liquidity for Chinese Property Developers Weighs on the Sector Declining Liquidity for Chinese Property Developers Weighs on the Sector 2012-05-23
...We estimate that weak forecasted liquidity now characterizes ## of ## issuers, compared to four in December ####. The liquidity positions of our ## rated Chinese property developers are worsening, with our updated stress test ...
North American and EMEA Chemicals: Chemicals Industry Performance Hinges on China Growth, While Domestic Demand Supports North America North American and EMEA Chemicals: Chemicals Industry Performance Hinges on China Growth, While Domestic Demand Supports North America 2012-05-23
...Moody's outlook for the North American and EMEA chemicals industry is stable. This outlook expresses our view that the fundamental business conditions in the industry will remain relatively stable over the next ##-## months....
Moody's & CCXI to host fifth annual China conferences (Simplified Chinese translation) Moody 2012-05-23
... Service Singapore Pte. Ltd. ## Raffles Place ###-## Singapore Land Tower Singapore ##### Singapore...
Coral Capital Limited / Coral Capital LLC Coral Capital Limited / Coral Capital LLC 2012-05-23
...* The rating breakdown tables represent a ratings summary of instruments publicly rated by Moody's Structured Finance group and could include certain instruments that may not fall under the definition of a Structured Finance instrument....
Moody's assigns (P)A2 to Interlink Roads Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: Interlink Roads Pty Ltd Moody's assigns (P)A# to Interlink Roads AUD### million of debt securities affected Sydney, May ##, #### -- Moody's Investors Service has assigned...
Moody's has assigned provisional ratings to GE Equipment Small Ticket, L.L.C., 2012-1 Notes Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: GE Equipment Small Ticket LLC, Series ####-# Moody's has assigned provisional ratings to GE Equipment Small Ticket, L.L.C., ####-# Notes New York, May ##, #### -- Moody's...
Moody's assigns provisional ratings to Ally Auto Receivables Trust 2012-3 Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: Ally Auto Receivables Trust ####-# Moody's assigns provisional ratings to Ally Auto Receivables Trust ####-# Approximately $#.### billion of asset-backed securities affected...
Moody's assigns provisional ratings to six classes of Dutch RMBS notes to be issued by STORM 2012-III B.V. Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: STORM ####-III B.V. Moody's assigns provisional ratings to six classes of Dutch RMBS notes to be issued by STORM ####-III B.V. Approximately EUR [] million of rated debt...
Moody's assigns provisional rating to Auto Loans ABS notes to be issued by FCT Autonoria Compartment Autonoria 2012-1 Moody 2012-05-23
Global Credit Research Rating Action ## MAY #### Rating Action: FCT Autonoria Compartment Autonoria ####-# Moody's assigns provisional rating to Auto Loans ABS notes to be issued by FCT Autonoria Compartment Autonoria ####-# EUR ###m...
Chinese Property & Casualty Insurance Chinese Property & Casualty Insurance 2012-05-23
...We maintain our stable outlook on the Chinese property & casualty (P&C) insurance industry. Despite the likely increase in competition and the upcoming liberalization of premium rates, insurers will continue to exercise prudence in underwriting by maintaining an adequate level of risk premiums and managing their expenses to ensure profitability, thereby supporting a solid level of capital adequacy. In addition, the prospects for premium growth will slow in the near term in comparison with previous years. But over the long term, we expect premium growth to be strong on the back of low insurance penetration and steady economic growth. » P&C premium growth is likely to slow to around ##%-##% in #### from ##% in the previous year. This reflects our expectation of a slower GDP growth for China, as well as potential deregulation measures in the motor insurance segment that could materialize over our outlook horizon. We believe that this level of growth rate is positive from a credit perspective...
Moody's sees stable outlook for China's P&C insurance sector (Simplified Chinese translation) Moody 2012-05-23
# © ####Moody's Investors Service, Inc."" MOODY'S ("MIS") "" () "" a b ((MCO)) $#,### $#,###,### (MCO)(MIS) MIS MCO MIS MCO #% www.moodys.com" -- -- " Moody's Investors Service Pty Limited ABN ## ### ### ### ######...
Stone Energy Corporation Stone Energy Corporation 2012-05-23
Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk.
Interlink Roads Pty Ltd Interlink Roads Pty Ltd 2012-05-23
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: Interlink Roads Pty Ltd Interlink Roads Pty Ltd Australia Ratings Category Moody's Rating Sr Sec Bank Credit Facility -Dom Curr (P)A# Contacts Analyst Phone Arnon Musiker/Sydney...
Moody's assigns Aa2 rating to Katy ISD (TX) $170 mil. Unltd Tax Sch. Bldg. & Ref Bds, Ser. 2012-A, $37.8 mil. Var. Rate Unltd Tax Ref Bds, Ser. 2012-B, $115 mil. Var. Rate Unltd Tax Ref Bds, Ser. 2012-C; Aaa enh. rating assigned based on TX PSF Guarantee Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Katy Independent School District, TX Moody's assigns Aa# rating to Katy ISD (TX) $### mil. Unltd Tax Sch. Bldg. & Ref Bds, Ser. ####-A, $##.# mil. Var. Rate Unltd Tax...
Moody's assigns Baa1 rating to Taylor University's (IN) $11.5 million of Series 2012 Economic Development Revenue Refunding Bonds and affirms ratings on outstanding debt; outlook is stable Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Upland (Town of) IN Moody's assigns Baa# rating to Taylor University's (IN) $##.# million of Series #### Economic Development Revenue Refunding Bonds and affirms ratings...
Moody's Affirms the A1 Rating For Alisal Union School District (CA) and Assigns a Negative Outlook Moody 2012-05-22
Global Credit Research Announcement ## MAY #### Announcement: Alisal Union School District, CA Moody's Affirms the A# Rating For Alisal Union School District (CA) and Assigns a Negative Outlook Approximately $##.# Million of Rated...
Moody's assigns underlying Aa2 rating to Multnomah and Clackamas Counties School District No. 10Jt (Gresham-Barlow), Oregon's Unlimited Tax G.O. Bonds Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Multnomah & Clackamas Cnty. S.D. ##Jt, OR Moody's assigns underlying Aa# rating to Multnomah and Clackamas Counties School District No. ##Jt (Gresham-Barlow), Oregon's...
Moody's Affirms the A1 Rating For Alisal Union School District (CA) and Assigns a Negative Outlook Moody 2012-05-22
Global Credit Research Rating Update ## MAY #### Rating Update: Alisal Union School District, CA Moody's Affirms the A# Rating For Alisal Union School District (CA) and Assigns a Negative Outlook Approximately $##.# Million of Rated...
SM Energy Company SM Energy Company 2012-05-22
Global Credit Research Credit Opinion ## MAY #### Credit Opinion: SM Energy Company SM Energy Company Colorado, United States Ratings Category Moody's Rating Outlook Positive Corporate Family Rating Ba# Senior Unsecured B#/LGD# Speculative...
Moody's assigns underlying Aa2 rating to Multnomah and Clackamas Counties School District No. 10Jt (Gresham-Barlow), Oregon's Unlimited Tax G.O. Bonds Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Multnomah & Clackamas Cnty. S.D. ##Jt, OR Moody's assigns underlying Aa# rating to Multnomah and Clackamas Counties School District No. ##Jt (Gresham-Barlow), Oregon's Unlimited...
Moody's assigns Baa1 rating to Taylor University's (IN) $11.5 million of Series 2012 Economic Development Revenue Refunding Bonds and affirms ratings on outstanding debt; outlook is stable Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Upland (Town of) IN Moody's assigns Baa# rating to Taylor University's (IN) $##.# million of Series #### Economic Development Revenue Refunding Bonds and affirms ratings on outstanding...
Moody's upgrades ratings of Sensata, CFR to Ba3; outlook is Stable Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Sensata Technologies B.V. Moody's upgrades ratings of Sensata, CFR to Ba#; outlook is Stable Approximately $# billion of debt securities affected New York, May ##, ####...
Moody's assigns MIG 1 rating to Ravenswood City School District's (CA) 2012-2013 Tax and Revenue Anticipation Notes Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Ravenswood City School District, CA Moody's assigns MIG # rating to Ravenswood City School District's (CA) ####-#### Tax and Revenue Anticipation Notes Approximately $#.#...
Moody's assigns initial Aa3 rating to Watauga County's (NC) $42.85 million Watauga Public Facilities Corporation Refunding Limited Obligation Bonds, Series 2012A Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Watauga Public Facilities Corporation, NC Moody's assigns initial Aa# rating to Watauga County's (NC) $##.## million Watauga Public Facilities Corporation Refunding Limited...
Moody's assigns Aa3 rating to Helena High School District No. 1 (Lewis and Clark County), Montana's G.O. Bonds Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Lewis & Clark County H.S.D. # (Helena), MT Moody's assigns Aa# rating to Helena High School District No. # (Lewis and Clark County), Montana's G.O. Bonds $#.# million...
Moody's Assigns Aa2 Rating to the State University System of Florida's $32.7 Million Series 2012A Revenue Refunding Bonds, Outlook is Stable Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Florida State Board of Governors Moody's Assigns Aa# Rating to the State University System of Florida's $##.# Million Series ####A Revenue Refunding Bonds, Outlook is...
Moody's assigns Aa2 rating to $42 million initial issuance of Greater Cleveland Regional Transit Authority's sales tax revenue bonds Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Greater Cleveland Reg. Transit Auth, OH Moody's assigns Aa# rating to $## million initial issuance of Greater Cleveland Regional Transit Authority's sales tax revenue...
Moody's assigns Baa3 Sr. Secured debt rating to Group Health Cooperative's bonds Moody 2012-05-22
Global Credit Research Rating Action ## MAY #### Rating Action: Group Health Cooperative Moody's assigns Baa# Sr. Secured debt rating to Group Health Cooperative's bonds Rating assigned to $### million planned issuance New York, May...
Moody's assigns A1 rating to $53 million of District of Columbia Tax Increment Revenue Refunding Bonds Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: District of Columbia Moody's assigns A# rating to $## million of District of Columbia Tax Increment Revenue Refunding Bonds $### million of rated and unrated parity TIF bonds...
Moody's assigns MIG 1 rating to Ravenswood City School District's (CA) 2012-2013 Tax and Revenue Anticipation Notes Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Ravenswood City School District, CA Moody's assigns MIG # rating to Ravenswood City School District's (CA) ####-#### Tax and Revenue Anticipation Notes Approximately $#.# million...
Moody's assigns Aa2 rating to Katy ISD (TX) $170 mil. Unltd Tax Sch. Bldg. & Ref Bds, Ser. 2012-A, $37.8 mil. Var. Rate Unltd Tax Ref Bds, Ser. 2012-B, $115 mil. Var. Rate Unltd Tax Ref Bds, Ser. 2012-C; Aaa enh. rating assigned based on TX PSF Guarantee Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Katy Independent School District, TX Moody's assigns Aa# rating to Katy ISD (TX) $### mil. Unltd Tax Sch. Bldg. & Ref Bds, Ser. ####-A, $##.# mil. Var. Rate Unltd Tax Ref Bds,...
Moody's assigns Aa2 rating to $42 million initial issuance of Greater Cleveland Regional Transit Authority's sales tax revenue bonds Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Greater Cleveland Reg. Transit Auth, OH Moody's assigns Aa# rating to $## million initial issuance of Greater Cleveland Regional Transit Authority's sales tax revenue bonds OUTLOOK...
Moody's assigns Aa3 rating to Helena High School District No. 1 (Lewis and Clark County), Montana's G.O. Bonds Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Lewis & Clark County H.S.D. # (Helena), MT Moody's assigns Aa# rating to Helena High School District No. # (Lewis and Clark County), Montana's G.O. Bonds $#.# million in debt...
Moody's Assigns Aa2 Rating to the State University System of Florida's $32.7 Million Series 2012A Revenue Refunding Bonds, Outlook is Stable Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Florida State Board of Governors Moody's Assigns Aa# Rating to the State University System of Florida's $##.# Million Series ####A Revenue Refunding Bonds, Outlook is Stable System...
Moody's assigns initial Aa3 rating to Watauga County's (NC) $42.85 million Watauga Public Facilities Corporation Refunding Limited Obligation Bonds, Series 2012A Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Watauga Public Facilities Corporation, NC Moody's assigns initial Aa# rating to Watauga County's (NC) $##.## million Watauga Public Facilities Corporation Refunding Limited Obligation...
M/I Homes, Inc. M/I Homes, Inc. 2012-05-22
Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk.
Moody's reviews Italian ABS and RMBS transactions exposed to Italian banks Moody 2012-05-22
Global Credit Research Announcement ## MAY #### Announcement: Consumer One S.r.l. Moody's reviews Italian ABS and RMBS transactions exposed to Italian banks London, ## May #### -- Moody's has today placed on review for downgrade the...
Moody's assigns A1 rating to Sacramento City USD's 2012 G.O. Refunding Bonds; Existing long term ratings downgraded, outlook remains stable Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Sacramento City Unified School District, CA Moody's assigns A# rating to Sacramento City USD's #### G.O. Refunding Bonds; Existing long term ratings downgraded, outlook remains...
Moody's assigns Aa1 rating to the Deerfield Park District's (IL) $2.7 million GOLT Park Refunding Bonds, Series 2012A Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Deerfield Park District, IL Moody's assigns Aa# rating to the Deerfield Park District's (IL) $#.# million GOLT Park Refunding Bonds, Series ####A Aa# Rating applies to $#.# Million...
Moody's assigns Aa1 rating to City of Williamsburg's (VA) $5.1 million G.O. Bonds, Series 2012 Moody 2012-05-22
Global Credit Research New Issue ## MAY #### New Issue: Williamsburg (City of) VA Moody's assigns Aa# rating to City of Williamsburg's (VA) $#.# million G.O. Bonds, Series #### Long-term Aa# rating applies to $##.# million in outstanding...
Italian ABS and RMBS Affected Tranches - May 2012 - Excel data Italian ABS and RMBS Affected Tranches - May 2012 - Excel data 2012-05-22
Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk.
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