moody

Moody´s chops down PTT´s credit

By k on June 29, 2010

BANGKOK, 29 June 2010 (NNT) – An international credit rating firm, Moody’s Investors Service, has lowered the creditworthiness of Thai petroleum giant PTT Plc from A2 to A3 with a negative outlook. Moody’s Investors Service has changed the local currency issuer rating for PTT Plc from A2 stable to A3 negative while the foreign currency [...]

Moody’s preserves Thailand’s credibility at Baa1/negative

By k on May 24, 2010

BANGKOK, 24 May 2010 (NNT) – A leading global credit rating company, Moody’s Investors Service, maintains the credibility evaluation of Thailand at Baa1 with a negative outlook due to the recent pandemonium in Bangkok. Besides the preservation of Thailand’s credibility at Baa1, other types of credibility are also kept at the same level as the [...]

Moody’s rates Thai banks’ credibility “stabilized”

By k on January 26, 2010

BANGKOK, 26 January 2010 (NNT) – A leading global credit rating firm, Moody’s Investors Service, heightens the credibility evaluation of Thai commercial banks from “poor” to “stabilized,” indicating an improvement in the country’s overall credibility. Moody’s reported that the fragile political situation in Thailand might cut down the flexibility and abilities of the banks in [...]

Moody’s changes Eisai’s A2 rating outlook to negative

By k on January 13, 2010

Tokyo, January 13, 2010 — Moody’s Investors Service has changed the rating outlook for the A2 issuer rating and senior unsecured rating of Eisai Co., Ltd. (Eisai) to negative from stable. This action is based on Moody’s view that Eisai’s overall credit metrics could weaken after the expiration of the patent for one of its [...]

sees challenges ahead for Japan’s export-related issuers

By k on August 20, 2009

Tokyo, August 20, 2009 — Moody’s Investors Service says fiscal-year, first-quarter results for Japan’s export-related issuers show signs of stabilization but that challenges remain. A recently published comment by Moody’s notes that FY 1Q09 results through June for Japan’s major automakers, consumer-electronics firms, steel producers, and chemical companies are broadly in line with the rating [...]

Moody’s affirms Amcor’s rating; outlook developing

By k on August 18, 2009

Sydney, August 18, 2009 — Moody’s Investors Service has today affirmed the Baa2/P-2 issuer/senior unsecured and short term commercial paper ratings of Amcor Limited (Amcor). At the same time, the rating outlook has been changed from negative to developing. “The change in outlook follows Amcor’s announcement of its binding offer to Rio Tinto plc for [...]

Moody’s says no rating impact on Hutchison from interim results and Partner sale

By k on August 14, 2009

Hong Kong, August 14, 2009 — Moody’s Investors Service has said today that Hutchison Whampoa Ltd’s (“HWL”) interim results for 2009 and the announcement of the sale of Partner Communications Ltd (“Partner”) in Israel have not had any immediate impact on its A3 ratings. The rating outlook remains negative. “HWL’s consolidated operating performance was fairly [...]

Moody’s: rebound for China property unlikely to improve ratings

By k on August 13, 2009

Hong Kong, August 13, 2009 — Moody’s Investors Service says the rebound in China’s property market in the first half of 2009 is unlikely to result in improvement in its ratings for Chinese developers. A recently published comment by Moody’s notes that the developers have had a positive first half off the back of a [...]

Moody’s says Indonesia banking system outlook negative

By k on August 11, 2009

Singapore, August 11, 2009 — Moody’s Investors Service says that the outlook for the Indonesian banking system is negative over the next 12-18 months, reflecting Moody’s assumptions for fundamental credit conditions over this timeframe. “Over the next 12 months, Indonesian banks will face increasing pressures — particularly on asset quality — but will fare relatively [...]

Moody’s places NRI’s B1 on review for possible upgrade

By k on August 7, 2009

Tokyo, August 07, 2009 — Moody’s Investors Service has placed on review for possible upgrade its B1 issuer and senior unsecured long-term debt ratings for Nippon Residential Investment Corporation (NRI). This review follows the announcement on August 6, 2009 by Advance Residence Investment Corporation (ADR) and NRI on their basic agreement of an M&A. Previously, [...]

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