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Halton Region earns top credit rating for 36th consecutive year
28 Mar 2024 18:31 GMT
Halton Region is tops once again when it comes to credit ratings.
Moody’s Investors Service has affirmed Halton's AAA rating for the 36th time.
Region officials say this rating provides Halton and its local municipalities with access to the best …
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Panama Credit Rating Cut to Junk by Fitch Amid Mine Spat
28 Mar 2024 18:07 GMT
(Bloomberg) -- Fitch Ratings stripped Panama of its investment-grade credit rating as the closure of a key copper mine last year adds to the country’s fiscal worries and risks undermining growth prospects.
The Central American nation’s credit score was …
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Altice France Rating Cut by S&P After Moody’s Downgrade
28 Mar 2024 18:07 GMT
(Bloomberg) -- S&P Global Ratings lowered Altice France SA’s credit rating, adding further pressure on the collateralized loan obligations holding the debt.
The downgrade to CCC+ from B- was widely expected after the company told its creditors they …
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S&P Global Ratings Sees Growth and Innovation Post-IHS Markit Merger: BofA Securities Information and Business Services Conference Summary
28 Mar 2024 16:58 GMT
Two years following the landmark merger between S&P Global Inc. and IHS Markit, Martina Cheung, President of S&P Global Ratings, reflects on the integration's success and future opportunities at the BofA Securities Information and Business …
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Albania’s sovereign credit rating upgraded by major int’l agency
28 Mar 2024 03:01 GMT
TIRANA, March 26, 2024 - The Standard & Poor’s (S&P) credit rating agency, one of the three largest in the world, has upgraded Albania's long-term sovereign credit rating by one notch, pushing it for the first time into 'BB-' from ' …
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Paramount Global Credit Rating Downgraded to Junk Status by S&P, Warned to Improve Streaming Losses
27 Mar 2024 23:10 GMT
S&P Global lowered Paramount Global‘s credit rating on Wednesday to junk status and warned that more downgrades would be forthcoming unless the company “substantially improve[s] streaming losses.”
Paramount’s rating was lowered to BB+ from BBB- due to …
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Even Paramount’s Credit Rating Is Now ‘Junk’
27 Mar 2024 22:47 GMT
The credit-ratings agency S&P Global just threatened to turn Paramount Mountain into Paramount Hillock.
Standard & Poor’s cut Paramount Global‘s credit rating for senior unsecured debt to a “BB+,” down from a “BBB-.” Talk about “poor.” Paramount’s …
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S&P Global Cuts Paramount Credit Rating Into Junk Territory -- Update
27 Mar 2024 20:50 GMT
By Will Feuer
S&P Global cut its credit rating on Paramount Global to BB-plus from BBB-minus Wednesday, or what is considered junk territory, citing continuing cord cutting and elevated investments required to support the buildout of streaming services …
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S&P cuts Paramount Global's credit rating to 'BB+' on streaming challenges
27 Mar 2024 20:48 GMT
March 27 (Reuters) - Ratings agency S&P lowered
Paramount Global's credit rating to 'BB+' from 'BBB-'
on Wednesday as stiff competition in the streaming landscape
pressures the media giant's free operating cash flow (FOCF)
…
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Altice France’s Credit Rating Cut Into Danger Zone for CLOs
27 Mar 2024 19:42 GMT
(Bloomberg) -- Moody’s Ratings cut Altice France SA’s credit rating to one of its lowest tiers, a move that threatens to wreak havoc on collateralized loan obligations holding the company’s debt.
The two-step downgrade to Caa2 from B3 follows Altice’s …