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Moody's downgrades Dish rating on doubts over mobile plans

2020-06-29 08:43:00| Telecompaper Headlines

(Telecompaper) Moody's Investors Service has downgraded Dish Networks ratings, saying the company will need a lot more capital to finance its planned 5G IoT network. The agency reduced its rating on Dish bonds to a step below investment grade, to Ba3, from B1. It cited concerns about the height of the investment needed, noting Dish's declining revenues amid the need for more capital to refinance and repay debt. Those concerns will continue until the company secures an equity investment or partners. "We also believe risk is rising due to the continuing secular decline of DBS's pay-TV subscriber base," the rating agency said.

Tags: rating mobile plans dish

 

GBCI Announces New Safety First Pilot Credits for SITES, TRUE Rating Systems

2020-06-25 15:41:04| Coatings World Breaking News

New guidance in response to COVID-19 pandemic connects sustainability and health as part of economic recovery and response.

Tags: sites rating systems true

 
 

Moody's upgrades Ericsson rating to Ba1 with stable outlook

2020-06-16 09:37:00| Telecompaper Headlines

(Telecompaper) Moody's Investors Service said it has upgraded Ericsson's corporate family rating (CFR) to Ba1 from Ba2 and the probability of default rating (PDR) to Ba1-PD from Ba2-PD. The rating agency has changed the outlook to stable from positive.

Tags: rating stable outlook ericsson

 

Coronavirus: New mortgage holiday should affect credit rating, says Nationwide boss

2020-05-29 11:36:19| BBC News | Business | UK Edition

The UK's biggest building society says struggling applicants should be flagged to lenders.

Tags: rating credit holiday affect

 

Kraton Achieves EcoVadis Gold Level Sustainability Rating

2020-04-27 16:21:06| Coatings World Breaking News

Tags: level rating gold sustainability

 

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