Moody's: EMEA high-yield market sees worst January since 2009

Feb 18, 2016 08:12 am UTC| Research & Analysis

High-yield bond issuance in Europe, the Middle East and Africa has hit its worst January record since 2009, as market conditions remain challenging, says Moodys Investors Service in the January edition of "High Yield...

Moody's: Singapore banks' asset quality and profitability under pressure amid oil and gas weakness

Feb 18, 2016 04:47 am UTC| Research & Analysis Economy

Moodys Investors Service says that the 2015 results of Singapore lenders Oversea-Chinese Banking Corp Ltd (OCBC; Aa1/Aa1 stable, aa3) and United Overseas Bank Limited (UOB; Aa1/Aa1 stable, aa3) point to rising pressure on...

Islamic Finance Series

Fitch: Islamic Finance in Malaysia: An Evolved Sector

Feb 18, 2016 02:02 am UTC| Research & Analysis

Malaysia is leading the global Islamic finance industry in terms of regulation, standardisation and sukuk issuance, representing more than half of issuance worldwide in 2015, Fitch Ratings says in a new...

Moody's: Increased risks to global growth cloud outlook in 2016-17

Feb 18, 2016 01:13 am UTC| Research & Analysis Economy

Global growth will fail to pick up steam over the next two years as the slowdown in China, lower commodity prices and tighter financing conditions in some countries weigh on the economy, Moodys Investors Service said in a...

Fitch Rates State of Bremen's EUR600m Bond 'AAA(EXP)'

Feb 17, 2016 12:54 pm UTC| Research & Analysis

Fitch Ratings has assigned the State of Bremens EUR600m fixed-rate bond (DE000A1680L2), due 22 February 2024, an expected Long-term local currency rating of AAA(EXP). The senior unsecured issue will rank pari passu with...

Moody's assigns provisional (P)Baa2 rating to the Philippines' forthcoming global bond offering

Feb 17, 2016 06:57 am UTC| Research & Analysis

Moodys Investors Service (Moodys) has assigned a (P)Baa2 rating to the Government of the Philippines US dollar bond offering maturing in 2041. RATINGS RATIONALE The Philippines Baa2 government bond rating is...

Moody's assigns to Asigna a Baa1 clearing counterparty rating with a stable outlook; withdraws A3 issuer rating

Feb 17, 2016 05:46 am UTC| Research & Analysis

Moodys de México today assigned a Baa1 long-term global local currency clearing counterparty rating (CCR) and a Aaa.mx long-term Mexican National Scale CCR to Asigna, Compensación y Liquidación. The...