M&M has been assigned Baa3 ratings
by Moody's recently.
Our Baa3 ratings
are based on Koc Holding's strong financial profile and investments in a balanced portfolio of mature and high-growth companies, which enable Koc to diversify its dividend income," says Rehan Akbar, an Analyst in Moody's Corporate Finance Group and analyst for Koc Holding.
Nevertheless, Moody's said the current Baa3 ratings
also reflect an assumption of a very high probability of government support, given that IEC generates substantially all electricity used in the country.
Moody's pointed out that the Baa3 ratings
were sustained by the company's diversified global operations, the expected growth in international container traffic as well as solid profitability and a strong liquidity profile.
Moody's says that the current Baa3 ratings
are sustained by the company's diversified global operations, the expected growth in international container traffic as well as solid profitability and a strong liquidity profile.
Moody's Investors Service has changed the outlook on the Icelandic government's Baa3 ratings
to negative from stable, prompted by ongoing uncertainty related to the country's external liquidity.
Moody's Investors Service has changed Thursday the outlook on the Bulgarian government's Baa3 ratings
from stable to positive.
and Baa3 ratings
for other Daiwa Securities Group's overseas subsidiaries.
The Baa3 ratings
placed on review for possible downgrade
has assigned a rating of A- to the notes, while Fitch IBCA and Moody's responded with BBB+ and Baa3 ratings
The securitization consists of seven classes of certificates, including four investment-grade classes, Class AF and AV (together, the Class A Certificates), each rated AAA / Aaa and the Class BF and BV Certificates (the Class B Certificates) that carry BBB / Baa3 ratings