Sydney, March 10, 2011 — Moody’s Investors Service has revised the rating outlook for Newcastle Permanent Building Society (“NPBS”) to stable from negative. NPBS’s ratings were affirmed at A2/P-1 for long-term and short-term senior unsecured and C+ for its bank financial strength rating (BFSR). “NPBS’s stable outlook reflects the strength of the society’s financial profile, [...]
Tokyo, February 04, 2011 — Moody’s Japan K.K. has withdrawn its A2 long-term issuer and senior unsecured debt ratings (with positive outlook) on Sanyo Electric Co., Ltd., for business reasons. This action does not reflect a change in the company’s creditworthiness. For further details, please refer to Moody’s Withdrawal Policy at www.moodys.co.jp. The last rating [...]
Moody’s reviews CLP’s ratings for possible downgrade Approximately US$2,100 million of debt securities affected Hong Kong, December 15, 2010 — Moody’s Investors Service has placed on review for possible downgrade the A2 issuer rating of CLP Holdings Ltd (CLPH), the A1 issuer rating of CLP Power Hong Kong Ltd (CLP Power) and the A1 senior [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
