All posts tagged "Moody’s"
-
Moody’s: Earthquakes Could Delay Puerto Rico Recovery
Credit rating agency notes that ‘frequency of natural disasters’ could scare away investors
- Posted January 16, 2020
-
Final Puerto Rico T&D Concession Key Precursor for Generation Asset Sale
Moody’s Investors Services: Two Utility Companies Vying to Lease T&D System Have High-Risk Business Profiles
- Posted January 25, 2019
-
Certain utilities selected to vie for T&D in Puerto Rico considered high risk
Moody's: Exelon and Public Service Enterprise Group have high levels of operating risk
- Posted January 18, 2019
-
Puerto Rico issuers suffer more credit downgrades
SAN JUAN – Moody’s Investors Service has lowered the ratings on debt of the Government Development Bank and five other Puerto Rico issuers with a total of approximately $13 billion outstanding. The commonwealth’s outlook, and the outlooks...
- Posted April 11, 2017
-
Moody’s to pay $864M to settle claims it inflated ratings
Moody's was criticized for giving low-risk ratings to the risky mortgage securities being sold ahead of the crisis
- Posted January 14, 2017
-
Moody’s: Puerto Rico banks can absorb additional stress amid recession
SAN JUAN – Despite Puerto Rico’s (Caa3 developing) economic challenges, three Moody’s Investors Service-rated banks–Banco Santander Puerto Rico (BSPR, A2/Baa2 stable, ba3), Banco Popular de Puerto Rico (Popular, Ba2/B2 negative, b1) and FirstBank (B1/Caa1 negative, b3)–will continue...
- Posted September 8, 2016
-
Moody’s Affirms Assured Guaranty Ratings Despite Puerto Rico Exposure
SAN JUAN – Moody’s Investors Service affirmed the ratings of bond insurer Assured Guaranty Ltd. and its subsidiaries, including Assured Guaranty Municipal Corp. (AGM), Assured Guaranty Corp. (AGC), Assured Guaranty (Europe) Ltd. (AGE) and Assured Guaranty (UK)...
- Posted August 9, 2016
-
Municipal-Bond Yields Creep Higher
NEW YORK – Yields for municipal bonds crept upward last week after an encouraging report on the job market drove Treasury yields higher. Muni yields tend to move in the same direction as Treasurys, and the 10-year...
- Posted August 6, 2016
-
Moody’s Revises Puerto Rico’s Outlook to Developing from Negative
Eisks of default and loss remain elevated
- Posted July 2, 2016
-
Moody’s Downgrades Saudi Arabia on Lower Oil Prices
Also downgraded Gulf oil producers Bahrain and Oman; left ratings unchanged for other Gulf states including Kuwait and Qatar
- Posted May 15, 2016