Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1

[bia06]

Rating Action:
Moody's affirms Hexion's ratings, changes outlook to stable

Global Credit Research - 03 Feb 2017
New York, February 03, 2017 -- Moody's Investors Service affirmed the ratings of Hexion Inc. (Caa2 Corporate Family Rating) and changed its outlook to stable following the successful refinancing of its 1.5 lien notes due 2018. Moody's also raised Hexion's Speculative Grade Liquidity rating to SGL-3 from SGL-4 due to the expectation that the company would be able to maintain adequate liquidity over the next 12-18 months.



"We stabilized Hexion's outlook as it was able to eliminate its 2018 maturity without any reduction in liquidity," stated John Rogers, Senior Vice President at Moody's. "While free cash flow is expected to remain negative, we believe that Hexion will take the actions necessary to prevent any material reduction in liquidity over the next 18 months."



Rating affirmed:

..Issuer: Hexion Inc.

.... Corporate Family Rating - Caa2

.... Probability of Default Rating - Caa2-PD

....Senior Secured (1st Lien) Regular Bond/Debenture - Caa1 (LGD3)

....Senior Secured (1.5 Lien) Regular Bond/Debenture - Caa3 (LGD5)

....Senior Secured (2nd Lien) Regular Bond/Debenture - Ca (LGD5)

..Issuer: Hexion US Finance Corp.

....Senior Secured (1st Lien) Regular Bond/Debenture - Caa1 (LGD3)

..Issuer: Hexion 2 U.S. Finance Corp.

....Senior Secured (1st Lien) Regular Bond/Debenture - Caa1 (LGD3)

..Issuer: Borden Chemical, Inc. (Old)

....Senior Unsecured Regular Bond/Debenture - C (LGD6)



Upgrade:

..Issuer: Hexion Inc.

.... Speculative Grade Liquidity Rating Upgraded to SGL-3 from SGL-4

 

[montebar]

Vendi guadagna e pentiti

mi sa proprio che mi pentiro`stavolta

 

[fabriziof]

in spolvero valeant o sbaglio?

 

[skarlatti]

in spolvero valeant o sbaglio?

il bid si è alzato sui mercati tedeschi, 86 e rotti di oggi contro 82 dei giorni scorsi... parlo della '22.

secondo me però è solo perchè segue gli altri corporate, si son alzati un pò tutti.

 

[skarlatti]

come news ho trovato questa, di venerdi scorso ma non dice praticamente nulla. Is Volatile Valeant Pharmaceuticals Intl Inc (VRX) Stock a Bear's Dream?

 

[fedro10]

5 obligations avec très peu d’intérêts courus et au rendement supérieur à 5% | OBLIS

 

[gualberto]

Mi diceva Gion che Wienerberger 6,5% verrà richiamato

 

[fabriziof]

Mi diceva Gion che Wienerberger 6,5% verrà richiamato

l'ha già sul postato sul 3d sub ,ma voi avete un vostro forum parallelo?

 

[gualberto]

mi fa la corte...

 

[gionmorg]

Vale : 02/06/2017 Vale plans to reopen notes due 2026 | 4-Traders