According to a Reuters report, Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's biggest lenders, warning that the sector's credit strength will likely be tested by funding...
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August 09, 2023, 07:20 AM
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Stonebriar Commercial Finance (Stonebriar) announce a number of rating upgrades published by both Kroll Bond Rating Agency (KBRA) and Moody’s Investors Service (Moody’s) on its various asset-backed securities (ABS). Stonebriar is an experienced ABS...
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February 24, 2020, 07:11 AM
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Moody's Investors Service has assigned definitive ratings to the notes issued by HPEFS Equipment Trust 2019-1 (HPEFS 2019-1). This is the first issuance for Hewlett-Packard Financial Services Company (HPEFS), a wholly owned subsidiary of Hewlett...
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September 23, 2019, 07:20 AM
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The performance of structured finance transactions around the globe will largely remain strong on the back of continued, but slowing, growth across the regional economies; however, late-cycle trends such as weakening in the underwriting of both...
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December 28, 2018, 07:30 AM
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Moody’s Analytics launched a new scoring solution for evaluating the creditworthiness of small businesses. The RiskCalc Small Business solution leverages the award-winning RiskCalc application, a comprehensive tool for determining the credit risk of...
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June 29, 2018, 07:00 AM
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As the industry continues to struggle, the number of retailers filing for bankruptcy keeps growing, and 2017 could end up with the highest number of retail bankruptcies ever. That's the assessment of a new report from BankruptcyData.com that compiles...
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June 23, 2017, 07:22 AM
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Balboa Capital, a technology-driven financing company that offers equipment financing and alternative business loan products, announced that it has completed a $251 million securitization of equipment lease and loan backed notes, its fourth and...
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September 28, 2016, 07:10 AM
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Ascentium Capital announced that Moody's Investors Service upgraded and affirmed certain small-ticket equipment lease backed securities issued from Ascentium Equipment Receivables 2014-1 and 2015-1 LLC. The upgrade was a result of strong collateral...
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February 25, 2016, 07:04 AM
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Moody’s Investors Service and DBRS issued the highest possible ratings, Aaa and AAA respectively, on Ascentium Capital’s senior class of notes in their second securitization which closed on March 13, 2014. The underwriters of the transaction were...
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March 14, 2014, 06:50 AM
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Moody's Investors Service has placed the senior and subordinated debt ratings of the holding companies for the six largest US banks on review as it considers reducing its government (or systemic) support assumptions to reflect the impact of US bank...
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August 23, 2013, 06:59 AM
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Bloomberg reported U.S. Bancorp, the nation’s fifth- largest commercial lender by deposits, may be cut one level by Moody’s Investors Service as rivals recover and pose stiffer competition. According to the report, the bank could be cut one level to...
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September 21, 2012, 07:47 AM
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Moody's Investors Service has revised to negative from stable the outlooks on the Aaa sovereign ratings of Germany, the Netherlands and Luxembourg. In addition, Moody's has also affirmed Finland's Aaa rating and stable outlook.All four sovereigns are...
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July 24, 2012, 06:16 AM
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The following is an excerpt of the press release issued by Moody's Investors Service.New York, June 21, 2012 – Moody's Investors Service today repositioned the ratings of 15 banks and securities firms with global capital markets operations. The...
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June 22, 2012, 07:45 AM
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Experian announced that it has joined forces with Moody's Analytics to create a business index and detailed report that provides insight into the health of U.S. businesses. The new Experian/Moody's Analytics Small Business Credit Index will be...
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May 17, 2012, 08:00 AM
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Bloomberg reported that Moody’s Investors Service will start cutting the credit ratings of more than 100 banks this month, a move that risks pushing up their funding costs and forcing them to curb lending in a threat to economic growth.
According to...
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May 09, 2012, 07:30 AM
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Moody's Investors Service downgraded the senior unsecured debt rating of General Electric Company (GE) to Aa3 from Aa2 and the senior unsecured rating of its wholly-owned finance subsidiary, General Electric Capital Corporation (GECC), to A1 from Aa2...
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April 04, 2012, 07:45 AM
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The New York Times reported that Moody’s Investor Service said it will decide in mid-May whether to lower the credit ratings of 17 global financial companies. The report cites Morgan Stanley to be the most vulnerable and that Moody’s may cut the...
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March 30, 2012, 08:15 AM
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Moody's Investors Service placed the Aa2 senior unsecured ratings of General Electric Company (GE) and General Electric Capital Corporation (GECC) under review for possible downgrade. The Prime-1 short-term ratings for both companies were affirmed....
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March 20, 2012, 08:00 AM
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According to Moody’s, the upgrade recognizes CIT's achievements in strengthening its liquidity profile by diversifying funding sources, extending debt maturities, and reducing the level of encumbered assets.To follow are highlights of the upgrade...
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February 17, 2012, 06:00 AM
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