Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aeris Holding Costa Rica S.A.Global Credit Research - 10 Mar 2021New York, March 10, 2021 Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Aeris Holding Costa Rica S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 4 March 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near f
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Pilot application to model enterprise risks cuts computation time from 10 years to 30 minutes Print this page
Deutsche Börse has completed a pilot study into the application of quantum computing to calculate proprietary business risks, in a use case that could enter full production within the next three years, according to independent experts.
A study published today (March 10), co-authored by Carsten Schäfer – the exchange’s risk manager for business risk and IT operational risk and a supervisory board member – and fintech firm JoS Quantum, describes a quantum computation for risk sensitivity analysis
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Pennsylvania Economic Dev. Fin. Auth. Moody s assigns Ba2 rating to AAdvantage Loyalty IP Ltd./American Airlines, Inc. s new term loan and notes
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Rating Action: Moody s assigns Ba2 rating to AAdvantage Loyalty IP Ltd./American Airlines, Inc. s new term loan and notesGlobal Credit Research - 08 Mar 2021American Airlines Group s B2 corporate family rating also affirmed; outlook remains negativeNew York, March 08, 2021 Moody s Investors Service ( Moody s ) assigned Ba2 ratings of American Airlines, Inc. s ( American ) AAdvantage loyalty program financing announced earlier today. American and its co-borrower/co-issuer, newly-created, bankruptcy-remote Cayman Islands entity, AAdvantage Loyalty IP Ltd. ( Loyalty Co. and together with American, co-issuers ), plan to raise at least $7.5 billion across a new senior secured term loan and new senior secured notes.Moody s also affirmed its debt ratings of American Airlines Group Inc. ( Parent ) and American, inclu
Mauritius Commercial Bank Limited Moody s takes rating actions on three banks in Mauritius following the downgrade of Mauritius government ratings
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March 9, 2021, 8:42 AM·23 min read
Rating Action: Moody s takes rating actions on three banks in Mauritius following the downgrade of Mauritius government ratingsGlobal Credit Research - 09 Mar 2021Limassol, March 09, 2021 Moody s Investors Service ( Moody s ) has today downgraded by one notch the long-term ratings and assessments of Mauritius Commercial Bank Limited ( MCB ) and Absa Bank (Mauritius) Limited ( Absa Mauritius ). As part of the same rating action, Moody s has affirmed the ratings of SBM Bank (Mauritius) Ltd. ( SBM ). The outlooks on MCB s and SBM s deposit ratings are negative and the outlook on Absa Mauritius deposit rating is stable.A full list of affected ratings can be found at the end of this press release.The main driver for today s rating actions is the increasingly difficult operating env
CREDIT RATINGS ISSUED BY MOODY'S CREDIT RATINGS AFFILIATES ARE THEIR CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES, AND MATERIALS, PRODUCTS, SERVICES AND INFORMATION PUBLISHED BY MOODY'S (COLLECTIVELY, “PUBLICATIONS”) MAY INCLUDE SUCH CURRENT OPINIONS. MOODY'S DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT OR IMPAIRMENT. SEE APPLICABLE MOODY'S RATING SYMBOLS AND DEFINITIONS PUBLICATION FOR INFORMATION ON THE TYPES OF CONTRACTUAL FINANCIAL OBLIGATIONS ADDRESSED BY MOODY'S CREDIT RATINGS.