Moody's Investors Service

Standard & Poor cuts Brazil's loan rating, citing political turmoil

Standard & Poor has trimmed Brazil's loan rating into "junk territory' following the nation's failure to reduce its fiscal risks and the political hurdles facing the economy of Brazil. The government is hopeful to reform its fiscal strategy amid political challenges and economic slowdown.

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Standard & Poor's Demoted Sprint's Credit Rating on Tuesday

S&P rating service on Tuesday downgraded Sprint credit to B, citing a challenging environment for the wireless industry. Morningstar and Moody have also demoted Spring credit rating.

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Chinese economy more sustainable now: China central bank

China's economy is now more sustainable and domestic consumption is steadily rising, Chinese Central Bank Vice Governor Yi Gang told a G20 meeting of finance officials earlier this week.

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Temasek mulls over bond sale to individual investors in Singapore

State-owned investment firm Temasek Holdings Pte. Ltd. is considering to offer bonds to individual investors in Singapore. Temasek's current $10 billion medium-term bond program offers securities to institutions.

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Moody's: Potential acquisition of Woori Investment & Securities is credit negative for both NongHyup Bank and WIS

Moody's Investors Service says that the announcement on 24 December by Woori Finance Holdings Co., Ltd. (WFH) that NongHyup Financial Group Inc. (NH FG) is the preferred bidder to acquire Woori Investment & Securities Co Ltd

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US tech giant Microsoft raises USD8 billion in combined dollars-euros bond offering

Washington-based tech company Microsoft Corp sold a record offering of USD8 billion of bonds in dollars and euros to fund general corporate purposes, according to regulatory filings today.

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Dubai Holding ratings upgraded by Moody's

Upgrades were issued to the CPR and MTN of DHCOG including a positive outlook stamp of approval by Moody's Investor's Service.

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Winsway Coking Coal Holdings buy back bonds at 32.5% value

After a Moody's advisory, Winsway was able to leverage a buyback of its bonds at a third of its original value.

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Moody's upgrades GM debt

GM debt had been upgraded by Moody's Investment Service to investment grade from junk status.

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