Ratings

Moody's: Recoveries Slip, Especially For 2nd Liens

Investors in loans and bonds made to junk-rated U.S. companies should expect less back on their investments than in past years if borrowers start defaulting, according to a report from Moody's Investors Service...

Is InBev Too Big For Its Broek?

Belgian beer brewer InBev has been able to secure a colossal $40 billion in bank financing for its purchase of Anheuser-Busch...

Moody's/Fitch Cut Home Builder Ratings

Moody’s and Fitch have downgraded various home builders, with Moody’s cutting the ratings on six companies, and Fitch downgrading five of those, as well as an additional three. Moody’s downgraded Centex, Horton, KB Home, Pulte and Ryland to Ba2 from Ba1, and Lennar to Ba3 from Ba1...

Rating Agency DBRS Enters Lev Finance

Toronto-based ratings agency DBRS today unveiled a new leveraged finance rating methodology, which will be used in rating all speculative-grade corporate debt...

Moody's Upgrades Mitsubishi

At least one auto maker had some good news come its way last week. Moody's Investors Service upgraded the senior unsecured ratings of Mitsubishi Motors and its subsidiaries to Ba2 from Ba3...

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