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Infrastructure & Project Finance

Moody's Global Infrastructure Finance Group combines the expertise of a global team of analysts with extensive backgrounds in Public Finance, Corporate Finance, and Structured Finance to rate debt issued by both public and private infrastructure and project finance issuers and electric, gas and water utilities. This includes project finance entities that are limited to a special purpose by law, regulation, or contracts; infrastructure projects and enterprises financed in the U.S. tax-exempt market; and all corporate infrastructure and utility companies. Our approach allows market participants to benefit from a globally consistent and transparent methodological approach to assessing credit risk across the entire asset class.

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  DateDocument Type Title Issuer/Entity
08 Jan 2024 Covenant Quality Assessment Q-Park Holding I B.V.: Covenant Quality Pre-Sale Snapshot: €430m _% Senior Secured Notes due 2029 Q-Park Holding I B.V.
20 Oct 2023 Covenant Quality Assessment AEGEA Finance S.à r.l.: Covenant Quality Post-Sale Snapshot: $500m 9% Sustainable and Sustainability-Linked Senior Notes due 2031 Aegea Finance S.a r.l.
17 Jul 2023 Covenant Quality Assessment Energia Group Limited: Covenant Quality Pre-Sale Snapshot: €600m __% Senior Secured Notes due 2028 Energia Group Limited
27 Sep 2022 Sector In-Depth The State of the European Consumer: September 2022 (Slides)
04 May 2022 Covenant Quality Assessment FMG Resources (August 2006) Pty Ltd: Covenant Quality Post-Sale Snapshot: US$800m 6.125% Senior Notes due 2032 FMG Resources (...
Fortescue Ltd
21 Apr 2022 Covenant Quality Assessment Fortescue Metals Group Ltd: Covenant Quality Post-Sale Snapshot: US$700m 5.875% Senior Notes due 2030 FMG Resources (...
Fortescue Ltd
20 Apr 2022 Issuer Comment SSE plc: Acquisition of Siemens Gamesa's renewable energy platform will support delivery of net zero strategy SSE plc
17 Feb 2021 Covenant Quality Assessment DME Airport DAC: Covenant Quality Post-Sale Snapshot: $453m 5.35% Loan Participation Notes due 2028 DME Airport DAC
18 Nov 2020 Covenant Quality Assessment Cheniere Energy Inc.: Covenant Quality Post-Sale Snapshot: $2.0bn 4.625% Senior Secured Notes due 2028 Cheniere Energy...
Cheniere Energy...
27 Aug 2020 Issuer Comment Yorkshire Water Services Limited: Swap amendments weaken covenant protections Yorkshire Water...
Yorkshire Water...
Yorkshire Water...
Yorkshire Water...
Yorkshire Water...
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