SECTOR IN-DEPTH
29 Oct 2019|Moody's Investors Service
The Loan Covenant Quality Indicator (LCQI) remained relatively flat in the second quarter, but retained most of the first quarter's improvement.
SECTOR IN-DEPTH
08 Oct 2019|Moody's Investors Service
Our indicator improved to 4.51 in September from a record-worst in August as average scores for Ba-rated bonds strengthened.
SECTOR IN-DEPTH
05 Sep 2019|Moody's Investors Service
The definition of EBITDA, a widely-used and fundamental measure for assessing a company’s profitability and credit profile, has been pushed to the edge in recent credit agreements.
SECTOR COMMENT
03 Sep 2019|Moody's Investors Service
Among the Chinese companies that issued bonds in H1 2019, 60% included a credit facility carve-out, which we see as a weakness because it allows greater flexibility to incur debt.
Bond Covenant Qualtiy Assessments
Moody's Investors Service
List of all Bond Covenant Quality Snapshots to date.
Loan Covenant Quality Assessments
Moody's Investors Service
List of all Loan Covenant Quality Snapshots to date.