Global Paper and Forest Products
[Mar 27] Our outlook for the global paper and forest products industry is negative. This outlook reflects our expectations for the fundamental business conditions for the industry over the next 12 to 18 months.
Indonesian Corporates Issuers
[Mar 26] Moody's decision to upgrade Indonesia's sovereign rating to investment grade earlier this year will benefit the country's corporates gradually as they remain constrained by issues that are more specific to a company or the industry as a whole.
Proposed Covered Bond Rules in Singapore
[Mar 21] A consultation paper on covered bonds by the Monetary Authority of Singapore includes proposals that would provide protection to investors in the areas of quality covered assets, as well as through specifying minimum overcollateralization levels and a requirement for ongoing monitoring of risk.
Moody's Weekly Credit Outlook
[Mar 26] China’s First Shale-Gas Production-Sharing Contract; Vedanta’s Bid for Cash-Strapped Indian Government’s Metals Stakes; Australian Resources Tax for Major Miners; Merger of Australian Electricity Networks; Bank Indonesia’s Efforts To Slow Growth in Motor Vehicle and Housing Loans; Vietnam Central Bank’s New Liquidity Requirement; Increasing Investments in Banks for Chinese Insurers; Investment in AIA Group for Nippon Life; and more.
CREDIT RATINGS ARE MIS'S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MIS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. CREDIT RATINGS DO NOT CONSTITUTE INVESTMENT OR FINANCIAL ADVICE, AND CREDIT RATINGS ARE NOT RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. CREDIT RATINGS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. MIS ISSUES ITS CREDIT RATINGS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE.