The senior notes will be pari passu with TMUSA's other unsecured debt. Net proceeds from the notes offering will be used for general corporate purposes, which may include share repurchases, dividends and debt refinancing. Key Rating Drivers ...
MPEPD III targets European lower mid-market corporate borrowers with, among others, an EBITDA up to EUR 25m and at least five years of operating history. The fund will invest mainly into senior secured and unitranche debt but can also invest up to 20% into subordinated loans. MPEPD III wil...
senior unsecured LT BBB+ Affirmed BBB+ NE Property B.V. senior unsecured LT BBB+ Affirmed BBB+ Page of1 VIEW ADDITIONAL RATING DETAILS Additional information is available onwww.fitchratings.com PARTICIPATION STATUS The rated entity (and/or its agents) or, in the case of structured f...
Junior obligations are typically rated lower than senior obligations, to reflect lower priority in bankruptcy, as noted above. (Such differentiation may apply when an entity has both senior and subordinated obligations, secured and unsecured obligations, or operating company and holding company ...
Air Lease's preferred shares are rated two notches below the company's Long-Term IDR, in accordance with Fitch's "Corporate Hybrids Treatment and Notching Criteria," dated Nov. 12, 2020. The preferred share rating reflects the deep subordination and heightened risk of non-performance r...
senior unsecured LT BBB+ Affirmed BBB+ NE Property B.V. senior unsecured LT BBB+ Affirmed BBB+ Page of1 VIEW ADDITIONAL RATING DETAILS Additional information is available onwww.fitchratings.com PARTICIPATION STATUS The rated entity (and/or its agents) or, in the case of structured f...