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On 21 May 2013, Moody’s announced rating actions on MBIA Insurance Corp., National Public Finance Guarantee Corp., MBIA Inc. and other related entities. Because of the large number of credits across several asset classes affected by these rating actions, including Moody's-rated securities that are guaranteed or "wrapped" by these companies, ratings appearing on this website may not yet reflect current information. For current information on affected credits, please visit www.moodys.com/fig.

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Syndicated Loan Ratings

Moody’s syndicated loan ratings provide a consistent and independent assessment of credit risk. Loan ratings facilitate relative value comparisons between bank loans and bonds, and can be a tool for investors seeking to maximize returns for taking the least amount of risk. Syndicated loan ratings have become increasingly important as the line between what once were distinct markets continues to blur, and investors look across asset classes for the best return on a risk adjusted basis.

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Date	Document Type	Title	Issuer/Entity
16 Jan 2013	Rating Action	Moody's cambia la perspectiva de la calificación de PDVSA a negativa	CITGO Petroleum... Petroleos de Ve...
16 Jan 2013	Rating Action	Moody's changes PDVSA's rating outlook to negative	CITGO Petroleum... Petroleos de Ve...
23 Feb 2012	Announcement	Moody's withdraws Hovensa L.L.C. ratings	Hess Corporatio... HOVENSA L.L.C. Petroleos de Ve... U.S. Virgin Isl... Virgin Islands ...
05 Feb 2010	Announcement	Moody's comments on CITGO Petroleum credit amendment	CITGO Petroleum... Petroleos de Ve...
18 Nov 2009	Rating Action	Moody's Reviews Bank Hybrids, Subordinated Debt for Downgrade	Abanka Vipa d.d... Abbey National ... Abbey National ... ABN Amro Capita... Alpha Group Jer... AMBB Capital (L... ANZ BANK NEW ZE... ANZ Capital Tru... ANZ Capital Tru... ANZ Capital Tru... ...
20 Feb 2008	Announcement	Moody's Comments on Legal Injunctions Against Petroleos de Venezuela	CITGO Petroleum... Petroleos de Ve... Venezuela, Gove...
26 May 2006	Rating Action	CORRECCIÓN AL TEXTO PUBLICADO EL 25 DE MAYO, 2006: MOODY'S INFORMA SOBRE EL IMPACTO DEL CAMBIO DE POLITICA PARA LA METODOLOGIA DE ANALISIS DE TECHOS PAIS EN MONEDA EXTRANJERA SOBRE LAS CALIFICACIONES DE EMISORES CORPORATIVOS EN AMERICA LATINA	Administracion ... Companhia de Be... Pan American En... Pan American En... Petrobras Argen... Petrobras Inter... Petroleo Brasil... Petroleos de Ve... Petroleum Co.of... Telefonica de A...
25 May 2006	Rating Action	MOODY'S ANNOUNCES RATING IMPACT OF REVISED POLICY ON FOREIGN-CURRENCY CEILINGS FOR CORPORATE ISSUERS IN LATIN AMERICA REGION	Administracion ... Companhia de Be... Pan American En... Pan American En... Petrobras Argen... Petrobras Inter... Petroleo Brasil... Petroleos de Ve... Petroleum Co.of... Telefonica de A...
25 May 2006	Rating Action	A MOODY'S DIVULGA O IMPACTO DA REVISÃO DA METODOLOGIA DE TETO SOBERANO EM MOEDA ESTRANGEIRA PARA EMISSORES CORPORATIVOS NA AMÉRICA LATINA	Administracion ... Companhia de Be... Pan American En... Pan American En... Petrobras Argen... Petrobras Inter... Petroleo Brasil... Petroleos de Ve... Petroleum Co.of... Telefonica de A...
08 Jul 2005	Rating Action	MOODY'S ANNOUNCES RATING IMPACT OF 'GRI' METHODOLOGY FOR CORPORATE ISSUERS IN THE AMERICAS	Administracion ... Aeroports de Mo... Air Jamaica Lim... Aruba Airport A... Autopista Monte... Brilliant Power... British Columbi... Calcasieu Paris... Cerro Negro Fin... CITGO Petroleum... ...