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New High Yield Bond Ratings: August 16 – 20, 2021

At least 11 companies received a revision on high yield bond ratings during the week of August 16-20, 2021. These revisions caused...

New High Yield Bond Ratings: August 9 – 13, 2021

At least 16 companies received a revision on high yield bond ratings during the week of August 9-13, 2021. These revisions caused...

PowerSchool Reduces Debt With IPO Proceeds

PowerSchool Holdings Inc., a provider of cloud-based software for K-12 schools, used proceeds from its IPO to retire all of its $365...

New High Yield Bond Ratings: August 2 – 6, 2021

At least 22 companies received a revision on high yield bond ratings during the week of August 2 - 6, 2021. These...

Cloudera Issued B- Downgrade Despite Strong Q1 Report

Cloudera Inc., a cloud data technology enterprise, received a rating downgrade from S&P in spite of improved Q1 2022 earnings. 

Warner Receives Ratings Upgrade as Streaming Platforms Continue to Thrive

Warner Music Group Corp, the music industry conglomerate headquartered in New York, received upgraded ratings from S&P in the wake of its...

First Advantage Repays $200M Debt with Upsized IPO Proceeds

First Advantage LLC., a background check and screening company based in Atlanta, GA, used proceeds from its upsized IPO to repay $200...

Battery Recycler Gopher Resources Faces Lead-Poisoning Allegations

Gopher Resources, LLC, a battery recycling plant located in Tampa Bay, Fla., received a downgrade amid continued lead-poisoning allegations.

CareerBuilder’s Marketing Investment Results in Downgrade

S&P Global on June 10 downgraded CareerBuilder LLC’s issuer credit rating to B- from B, owing to prolonged pressure revenue performance. 

Kantar Issued Downgrades Over Its $900 Million Debt Acquisition

Last week, S&P Global and Moody's issued downgrades to Kantar Global Holdings LLC. S&P on June 8 downgraded its issuer credit rating...

Recent Articles

KKR Buys Japan’s Largest Storage Tank Operator

New York-based investment firm Kohlberg Kravis Roberts (NYSE: KKR) has signed an agreement to buy Japan's Central Tank Terminal (CTT). KKR will buy the Japanese chemical...
Self-driving truck startup, Plus Enters a Business Combination with Hennessy Capital Investment Corp. V.

Supply Chain Woes Lead to Higher Post-Pandemic Costs

Supply chain woes lead to higher costs. Results from Procter & Gamble Co, Danone SA, and Ericsson show higher costs and supply chain disruptions. Therefore,...
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Rent the Runway Struts into $1.7 Billion Valuation

Rent the Runway struts into a $1.7 billion valuation. This comes after its shares opened nearly 10% above their IPO price. Goldman Sachs...

EQT Ventures Backs Innovative Blockchain Startup Moralis

Blockchain application development platform Moralis raised $13.4 million in its latest seed funding round. Additionally, this seed funding round was primarily led...

Appian Cashes in on Brazilian Mining Assets After South African Buyout

Appian Capital Advisory LLP sold two of its Brazilian mining companies to South African-based Sibanye-Stillwater. The companies, Atlantic Nickel and Mineração Vale...

Most Popular

Barclays Bank in $30m Fintech Fund Deal with VC Anthemis

European VC firm Anthemis will partner with Barclays bank on a female-focused fund deal. The deal involves a mentorship program and investments....

Cruise and GM Partner with Microsoft

Cruise and GM partner with Microsoft to commercialize self-driving vehicles. Along with GM, Honda Motor Co. and institutional investors, Microsoft will invest...
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Goldman Sachs, Everstone to Acquire Infostretch

Private equity firm Everstone Group and Goldman Sachs Merchant Banking Division have acquired a significant stake in Infostretch, a leader in digital...

Big Tobacco Giant PMI Puffs Ahead of Rivals With Smoking Bid for Inhaler...

Cigarette manufacturer Phillip Morris International (PMI) (NYSE: PM) announced on 18 August 2021 that it has purchased 22.61% of Vectura Group's (LSE:VEC.L)...
NETFLIX

Netflix Buys Roald Dahl’s Works

Netflix buys Roald Dahl’s works in the latest deal. These works include “Matilda” and “Charlie and the Chocolate Factory.” While Netflix won’t go...