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Showing posts from April 15, 2020

El Paso Corporation Preferred Stock Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 10:50:11 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview El Paso Corporation Preferred Stock Credit Rating: Beta DRL value REG 38 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Simple Moving Average (SMA) Wilcoxon Sign-Rank Test.Test Code: 2557. We could change the rating if company fails on test Simple Moving Average (SMA) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

J.M. Smucker Company (The) New Common Stock Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 10:35:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview J.M. Smucker Company (The) New Common Stock Credit Rating: Beta DRL value REG 27 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) SMoothed Moving Average (SMMA) Sign Test.Test Code: 2060. We could change the rating if company fails on test SMoothed Moving Average (SMMA) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Hormel Foods Corporation Common Stock Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 10:20:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Hormel Foods Corporation Common Stock Credit Rating: Beta DRL value REG 14 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) On Balance Volume (OBV) Simple Regression.Test Code: 3977. We could change the rating if company fails on test On Balance Volume (OBV) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Morgan Stanley Cap Trust VI Cap Securities Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 10:05:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Morgan Stanley Cap Trust VI Cap Securities Credit Rating: Beta DRL value REG 13 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Williams %R Beta.Test Code: 1765. We could change the rating if company fails on test Williams %R over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Sunshine 100 China Credit Rating Negative

Real estate developer Sunshine 100 China Holdings Ltd.'s refinancing risks are rapidly rising--especially for its U.S.-dollar senior unsecured notes maturing in September 2020--considering its weak liquidity and turmoil in offshore capital markets. We believe the company will not have enough liquidity sources from operations to cover maturities for the next 12 months. Therefore, the company will need to rely on raising new funding and executing asset disposals. On April 16, 2020, S&P Global Ratings lowered its long-term issuer credit rating on Sunshine 100 to 'CCC' from 'CCC+'. We also placed the ratings on CreditWatch with negative implications. We aim to resolve the CreditWatch by end-June, when there should be more clarity on whether the company can secure sufficient funding, potentially by collecting proceeds from asset sales and new note issuance. HONG KONG (S&P Global Ratings) April 16, 2020--S&P Global Ratings today took the rating actions

NETCALL PLC Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 09:50:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview NETCALL PLC Credit Rating: Beta DRL value REG 15 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Wien Bridge Oscillator Pearson Correlation.Test Code: 3381. We could change the rating if company fails on test Wien Bridge Oscillator over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

China State Construction International Holdings Credit Rating Negative

We expect the leverage of China State Construction International (CSCI) to remain elevated in 2020, with free cash flows remaining negative owing to the Hong Kong headquartered company's ongoing investments in existing public-private partnerships (PPP) and cash projects. CSCI's good reputation and satisfactory execution record in housing and infrastructure construction in Hong Kong and Macau should support its organic growth. The company generated HK$61.7 billion revenue and HK$10.1 billion EBITDA in 2019. On April 16, 2020, S&P Global Ratings affirmed its 'BBB' long-term issuer credit rating on CSCI. The negative outlook reflects our view that CSCI's business transition will take time to show effect and its leverage will remain high for the next 12 months unless the company can significantly improve its cash collection. HONG KONG (S&P Global Ratings) April 16, 2020--S&P Global Ratings today took the rating actions listed above. We estimate CSCI

RIGHTMOVE PLC Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 09:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview RIGHTMOVE PLC Credit Rating: Beta DRL value REG 32 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+30) Aroon Spearman Correlation.Test Code: 1201. We could change the rating if company fails on test Aroon over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

The Michaels Companies, Inc. Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 09:20:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview The Michaels Companies, Inc. Credit Rating: Beta DRL value REG 30 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+30) Moving Average Convergence Divergence (MACD) Multiple Regression.Test Code: 2168. We could change the rating if company fails on test Moving Average Convergence Divergence (MACD) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Goldman Sachs Group Inc/The 2.625 04/25/2021 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 09:05:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Goldman Sachs Group Inc/The 2.625 04/25/2021 Credit Rating: Beta DRL value REG 32 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+30) Rate of Change (ROC) Pearson Correlation.Test Code: 4107. We could change the rating if company fails on test Rate of Change (ROC) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

DTE Electric Co 3.7 06/01/2046 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 08:50:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview DTE Electric Co 3.7 06/01/2046 Credit Rating: Beta DRL value REG 47 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Rank Correlation Index (RCI) Sign Test.Test Code: 3256. We could change the rating if company fails on test Rank Correlation Index (RCI) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

MTG ICU Trust Repo Credit Rating

MELBOURNE (S&P Global Ratings) April 16, 2020--S&P Global Ratings today affirmed its 'AAA (sf)' rating on the class A residential mortgage-backed securities (RMBS) issued by AMAL Trustees Pty Ltd. as trustee of MTG ICU Trust Repo Series No.1 (see list). MTG ICU Trust Repo Series No.1 is a securitization of prime residential mortgages originated by Illawarra Credit Union Ltd. (ICU). The rating affirmation follows the issuance of an additional A$68.7 million of class A notes and A$3.7 million of class B notes, bringing the aggregate amount of class A and class B notes issued to approximately A$142.4 million. The proceeds from the note issuance will be used to fund the acquisition of additional loans, as contemplated in the transaction structure. The affirmation reflects: The level of credit support provided to the class A notes in the form of subordination provided by the class B notes and lenders' mortgage insurance policies on 11.3% of the pool of mor

Trade Me Credit Rating

Government-led COVID-19 containment measures have impaired listing volumes and revenues across Titan AcquisitionCo New Zealand Ltd. (Trade Me)'s online classifieds and marketplace business segments. Trade Me's highly leveraged capital structure makes the company more vulnerable to a sudden economic downturn and negative operating cash-flow generation due to COVID-19 containment measures. We believe there is an increasing likelihood of cash outflows and leverage remaining outside our rating tolerance for the previous 'B' rating. As a result, we expect debt to EBITDA (including Trade Me's shareholder loan) to remain elevated at above 10x over the next 12 months. This is despite the company initiating cost reductions that are unlikely to offset the sizable decline in listing revenues. On April 16, 2020, S&P Global Ratings lowered its issuer credit rating and related issue rating to 'B-' from 'B' on Trade Me Group and the company's debt, resp

Inpex Corp. Credit Rating Negative

We believe measures of Inpex's cash-flow adequacy will trend below our previous forecast for fiscal 2020 under our new crude oil price assumptions for 2020. However, we believe Inpex can partly offset the deterioration in key cash flow measures through its Ichthys LNG project's full contributions to earnings, cost cutting measures, and a recovery in the price of crude oil in 2021. We affirmed our 'A-/A-2' ratings on the issuer. The continued negative outlook reflects our view that Inpex's FFO to debt will remain weak for the rating this fiscal year and incorporates a potential delay in the recovery of its operating performance in fiscal 2021. TOKYO (S&P Global Ratings) April 16, 2020--S&P Global Ratings today said it has affirmed its 'A-' long-term and 'A-2' short-term issuer credit ratings on Japan-based oil and gas exploration and production company Inpex Corp. The outlook remains negative. The affirmation reflects our view that, u

DOMTAR CORPORATION 6.25% 09/01/42 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 08:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview DOMTAR CORPORATION 6.25% 09/01/42 Credit Rating: Beta DRL value REG 48 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Bollinger Bands %B Chi-Square.Test Code: 1985. We could change the rating if company fails on test Bollinger Bands %B over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Lattice Semiconductor Corporation Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 07:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Lattice Semiconductor Corporation Credit Rating: Beta DRL value REG 23 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Money Flow Index (MFI) Sign Test.Test Code: 4069. We could change the rating if company fails on test Money Flow Index (MFI) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Madison Strategic Sector Premium Fund Madison Strategic Sector Premium Fund Common Shares of Beneficial Interest Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 06:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Madison Strategic Sector Premium Fund Madison Strategic Sector Premium Fund Common Shares of Beneficial Interest Credit Rating: Beta DRL value REG 35 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Running Moving Average (RMA) Stepwise Regression.Test Code: 3594. We could change the rating if company fails on test Running Moving Average (RMA) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Aramark Services, Inc. 4.75 06/01/2026 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 06:20:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Aramark Services, Inc. 4.75 06/01/2026 Credit Rating: Beta DRL value REG 33 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Triple Exponential Moving Average (TRIX) Factor.Test Code: 1988. We could change the rating if company fails on test Triple Exponential Moving Average (TRIX) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

ROYAL BANK OF SCOTLAND PLC 6.125% 01/11/21 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 04:20:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview ROYAL BANK OF SCOTLAND PLC 6.125% 01/11/21 Credit Rating: Beta DRL value REG 29 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Profit Beta.Test Code: 2701. We could change the rating if company fails on test Profit over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Credit Suisse AG Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 03:50:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Credit Suisse AG Credit Rating: Beta DRL value REG 19 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Meissner Oscillators Paired T-Test.Test Code: 2357. We could change the rating if company fails on test Meissner Oscillators over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Exxon Mobil Corp 2.726 03/01/2023 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 03:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Exxon Mobil Corp 2.726 03/01/2023 Credit Rating: Beta DRL value REG 45 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Simple Moving Average (SMA) Spearman Correlation.Test Code: 3702. We could change the rating if company fails on test Simple Moving Average (SMA) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Atlanticus Holdings Corporation Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 03:05:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Atlanticus Holdings Corporation Credit Rating: Beta DRL value REG 13 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+30) Chaikin Money Flow Paired T-Test.Test Code: 3078. We could change the rating if company fails on test Chaikin Money Flow over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Omega Healthcare Investors, Inc. 4.75 01/15/2028 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 02:50:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Omega Healthcare Investors, Inc. 4.75 01/15/2028 Credit Rating: Beta DRL value REG 32 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Delay-Line Oscillators Lasso Regression.Test Code: 4135. We could change the rating if company fails on test Delay-Line Oscillators over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

JPMORGAN CHASE JPM 3.875% 02/01/24 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 02:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview JPMORGAN CHASE JPM 3.875% 02/01/24 Credit Rating: Beta DRL value REG 42 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+30) Moving Average Convergence Divergence (MACD) Factor.Test Code: 4788. We could change the rating if company fails on test Moving Average Convergence Divergence (MACD) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Synthetic Fixed Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 02:20:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Synthetic Fixed Credit Rating: Beta DRL value REG 45 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Exponential Moving Average (EMA) ElasticNet Regression.Test Code: 3096. We could change the rating if company fails on test Exponential Moving Average (EMA) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

DSW Inc. Common Stock Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 02:05:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview DSW Inc. Common Stock Credit Rating: Beta DRL value REG 33 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Price Oscillator (PPO) Linear Regression.Test Code: 3583. We could change the rating if company fails on test Price Oscillator (PPO) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Enable Midstream Partners LP 4.15% SNR NTS 09/15/2029 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 01:50:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Enable Midstream Partners LP 4.15% SNR NTS 09/15/2029 Credit Rating: Beta DRL value REG 42 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Colpitts Oscillator Chi-Square.Test Code: 4947. We could change the rating if company fails on test Colpitts Oscillator over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

REGIONAL REIT LIMITED Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 01:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview REGIONAL REIT LIMITED Credit Rating: Beta DRL value REG 13 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+30) Penetration Wilcoxon Rank-Sum Test.Test Code: 4046. We could change the rating if company fails on test Penetration over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

The Coca-Cola Company 1,500,000,000 principal amount of 0.75% Notes due 2023 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 01:20:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview The Coca-Cola Company 1,500,000,000 principal amount of 0.75% Notes due 2023 Credit Rating: Beta DRL value REG 21 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Profit Chi-Square.Test Code: 2884. We could change the rating if company fails on test Profit over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Occidental Petroleum Corporation 4.40% SNR NTS 08/15/2049 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 01:05:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Occidental Petroleum Corporation 4.40% SNR NTS 08/15/2049 Credit Rating: Beta DRL value REG 15 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Meissner Oscillators ElasticNet Regression.Test Code: 1663. We could change the rating if company fails on test Meissner Oscillators over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

DEERE & CO 8.50% DEBS 01/09/2022 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 00:50:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview DEERE & CO 8.50% DEBS 01/09/2022 Credit Rating: Beta DRL value REG 18 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Modified (Smoothed) Moving Average Paired T-Test.Test Code: 2286. We could change the rating if company fails on test Modified (Smoothed) Moving Average over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

China New Borun Corporation American Depositary Shares Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 00:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview China New Borun Corporation American Depositary Shares Credit Rating: Beta DRL value REG 16 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) SMoothed Moving Average (SMMA) Ridge Regression.Test Code: 2074. We could change the rating if company fails on test SMoothed Moving Average (SMMA) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

HUMANA INC 3.85% 10/01/2024 Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 00:20:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview HUMANA INC 3.85% 10/01/2024 Credit Rating: Beta DRL value REG 26 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Pierce Oscillators Linear Regression.Test Code: 2837. We could change the rating if company fails on test Pierce Oscillators over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Juniper Networks Inc. Credit Rating Negative

U.S.-based Juniper Networks Inc.'s revenues will likely decline meaningfully in fiscal 2020 as demand across all end markets weakens in response to the COVID-19 pandemic. Despite expected pressure on both revenues and cash flow, we forecast Juniper's credit metrics will remain resilient through the downturn because of its strong balance sheet and commitment to a conservative financial policy. We are affirming our ratings on Juniper, including our 'BBB' issuer credit rating. The stable outlook reflects our expectation that Juniper will maintain the strength of its balance sheet through the current macroeconomic downturn and it will continue generating sufficient cash flow to invest in its product roadmap and marketing outreach. We believe Juniper's financial policy will remain conservative with a focus on preserving liquidity over the next 12 to 24 months. SAN FRANCISCO (S&P Global Ratings) April 15, 2020—S&P Global Ratings today took the rating action

Weatherford International PLC Credit Rating

Weatherford International PLC announced it is looking at ways it could reduce debt. We believe this could lead to a debt transaction we would view as distressed given current market conditions. We are lowering the issuer credit and senior unsecured ratings to 'CCC' from 'CCC+' and senior secured ratings to 'B-' from 'B'. The outlook is negative, reflecting the potential for a distressed refinancing transaction over the next 6-12 months. NEW YORK (S&P Global Ratings) April 15, 2020—S&P Global Ratings today took the rating actions listed above. Weatherford announced it is looking at options to lower debt and improve liquidity.    As a result, we lowered the issuer credit rating to 'CCC' from 'CCC+' to reflect the potential Weatherford could pursue a deleveraging transaction or restructuring we would view as distressed and a default. Weak crude oil prices stemming from surplus global production, compounded by the demand dest

Calumet Specialty Products Partners L.P. Credit Rating

As a result of the coronavirus pandemic and its negative impact on the global economy, combined with the slowdown in oil refining, we anticipate Calumet Specialty Products Partners L.P.'s operating performance will be weaker than our previous expectations. As a result, we are revising our outlook to negative from positive. We are affirming our 'B-' issuer credit rating and 'B-' issue-level rating on Calumet's 2022, 2023, and 2025 unsecured notes. The recovery rating remains '4'. We now expect Calumet will maintain S&P Global Ratings' weighted-average debt to EBITDA of around 7x. The negative outlook reflects risks that macroeconomic conditions could weaken more than we anticipate, impairing Calumet overall. Combined with reduced demand for gasoline and refining, this could push leverage toward unsustainable levels. NEW YORK (S&P Global Ratings) April 15, 2020—S&P Global Ratings today took the rating actions listed above. Calumet

Elementia Credit Rating

We anticipate that a global recession from the coronavirus pandemic will undermine Mexican building materials company Elementia's revenue and cash generation in most of its operations--across its three business units in Mexico, the U.S., and Central and South America. As a result, we no longer forecast a consistent deleveraging trend with adjusted debt to EBITDA consistently below 4.0x in 2020. On April 15, 2020, S&P Global Ratings lowered its issuer credit rating on Elementia to 'BB-' from 'BB'. At the same time, we downgraded its $425 million senior unsecured notes to 'BB-' from 'BB', and affirmed the recovery rating at '3'. We're keeping all of the ratings on Elementia on CreditWatch with negative implications, reflecting a potential further downgrade that will depend on the depth of the economic recession and duration of COVID-19's effects on Elementia's operating and financial performance. Measures to preserve liquidi

INLAND HOMES PLC Credit Rating

BOSTON (AI Credit Rating Terminal) Thu Apr 16 2020 00:05:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview INLAND HOMES PLC Credit Rating: Beta DRL value REG 40 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Demand Independent T-Test.Test Code: 3076. We could change the rating if company fails on test Demand over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Reading International Inc Credit Rating

BOSTON (AI Credit Rating Terminal) Wed Apr 15 2020 23:50:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Reading International Inc Credit Rating: Beta DRL value REG 18 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+30) Average True Range (ATR) Beta.Test Code: 2546. We could change the rating if company fails on test Average True Range (ATR) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

GENERAL ELEC CAP CORP 4.2 06/15/2032 Credit Rating

BOSTON (AI Credit Rating Terminal) Wed Apr 15 2020 23:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview GENERAL ELEC CAP CORP 4.2 06/15/2032 Credit Rating: Beta DRL value REG 26 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Price Channels Factor.Test Code: 3071. We could change the rating if company fails on test Price Channels over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

GLOBAL INVACOM GROUP LIMITED Credit Rating

BOSTON (AI Credit Rating Terminal) Wed Apr 15 2020 23:20:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview GLOBAL INVACOM GROUP LIMITED Credit Rating: Beta DRL value REG 40 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Relative Strength Index (RSI) Beta.Test Code: 1044. We could change the rating if company fails on test Relative Strength Index (RSI) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

BAKER STEEL RESOURCES TRUST LIMITED Credit Rating

BOSTON (AI Credit Rating Terminal) Wed Apr 15 2020 23:05:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview BAKER STEEL RESOURCES TRUST LIMITED Credit Rating: Beta DRL value REG 12 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Royer Oscillators ElasticNet Regression.Test Code: 1002. We could change the rating if company fails on test Royer Oscillators over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Pinckney Community Schools Credit Rating

CENTENNIAL (S&P Global Ratings) April 15, 2020--S&P Global Ratings lowered its underlying rating (SPUR) to 'BB+' from 'BBB' on Pinckney Community Schools, Mich.'s general obligation (GO) bonds outstanding. The outlook is negative. The AA/Stable long-term rating on the district's GO bonds reflecting the state credit enhancement program remains unchanged. "The rating action reflects our view of the district's increasingly stressed financial position as highlighted by its growing negative general fund balance and escalating reliance on external liquidity to support operations," said S&P Global Ratings credit analyst Randy Layman. The negative outlook reflects at least a one-in-three likelihood that we could lower the 'BB+' underlying rating over the next year.

Tangipahoa Parish Sewerage District Credit Rating

CENTENNIAL (S&P Global Ratings) April 15, 2020--S&P Global Ratings assigned its 'A-' long-term rating to Tangipahoa Parish Sewerage District No. 1, La.'s approximately $5.03 million series 2020 revenue bonds. The outlook is stable. "The rating reflects our opinion of the district's strong enterprise and financial risk profiles, which are supported by our view of its somewhat stable customer base, good liquidity position, as well as its standard rates and operational practices as compared to its regional peers," said S&P Global Ratings credit analyst John Schulz. The 2020 bond proceeds will fund a portion of the district's near-term capital plan to address certain plant improvements and plant expansion. Overall, we believe that management has mitigated most of the wastewater treatment system's ESG-related risk by the outlined projects to improve treatment processes at some of its treatment plants. While the treatment plant's curre

SunCoke Energy Partners, L.P. Common Units Representing Limited partner Interests Credit Rating

BOSTON (AI Credit Rating Terminal) Wed Apr 15 2020 22:50:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview SunCoke Energy Partners, L.P. Common Units Representing Limited partner Interests Credit Rating: Beta DRL value REG 40 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+30) Tri-tet Oscillators Polynomial Regression.Test Code: 3992. We could change the rating if company fails on test Tri-tet Oscillators over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Priority Holdings LLC Credit Rating Negative

We expect U.S.-based merchant acquirer Priority Holdings LLC's operating performance will decline substantially from the COVID-19 pandemic impact, with a material decline in near-term transaction volume. We are lowering our issuer credit rating on Priority to 'CCC+' from 'B', reflecting the company's deteriorating liquidity position and narrowing financial covenant headroom. The outlook is negative. We are also lowering our issue-level rating on the company's secured term loan and revolving credit facility to 'CCC+' from 'B'; the recovery rating remains '3'. The negative outlook reflects our assessment that the company is vulnerable and dependent on favorable business, financial, and economic conditions to meet its financial commitments. If the operating environment persists, the risk of a low-liquidity event is higher over the near term. NEW YORK (S&P Global Ratings) April 15, 2020—S&P Global Ratings today took the rat

Shell International Finance B.V. 3.250% Guaranteed Notes due 2025 05/11/2025 Credit Rating

BOSTON (AI Credit Rating Terminal) Wed Apr 15 2020 22:35:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Shell International Finance B.V. 3.250% Guaranteed Notes due 2025 05/11/2025 Credit Rating: Beta DRL value REG 47 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+1) Triple Exponential Moving Average (TRIX) Spearman Correlation.Test Code: 1164. We could change the rating if company fails on test Triple Exponential Moving Average (TRIX) over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Education Realty Trust, Inc. Common Stock Credit Rating

BOSTON (AI Credit Rating Terminal) Wed Apr 15 2020 22:20:01 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview Education Realty Trust, Inc. Common Stock Credit Rating: Beta DRL value REG 36 Rational Demand Factor LD 3711.6618.Reason of Revision: (n+7) Opto-Electronic Oscillators Simple Regression.Test Code: 2768. We could change the rating if company fails on test Opto-Electronic Oscillators over the next two to three quarters.We could revise the outlook to stable if operating conditions stabilized or improved, and we considered the company's liquidity position adequate. Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.