Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Moody’s Corp. > News item |
Fitch rates Moody’s notes BBB+
Fitch Ratings said it assigned a BBB+ rating to Moody’s Corp.’s proposed benchmark issuance of senior unsecured notes, the proceeds of which are expected to be used to repay or redeem the $300 million of 3.25% senior unsecured notes due June 2021.
“As such, the transaction is expected to be largely leverage neutral,” Fitch said in a press release.
Fitch also affirmed Moody’s BBB+ issuer rating.
The outlook is stable.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.