Moody's Analytics is a financial intelligence company that offers risk assessment, economic research, consulting, training, and software services. It is a subsidiary of Moody's Corporation, a publicly owned company founded in 2007 and headquartered in the United States. With over 5,570 employees, Moody's Analytics provides insights and solutions to help businesses manage risk, improve performance, and make informed financial decisions.
Moody's assigned Sparebanken Møre an issuer rating of A1 and on January 17, 2025, the bank issued NOK 2 billion in new Senior Preferred bonds. This included NOK 1,050 million in a 3-year FRN with a coupon rate of 3-month NIBOR + 0.58% p.a., maturing on January 17, 2028. Separately, Moody's upgraded Denver Public Schools' general obligation ratings in anticipation of an $806 million bond sale later in the month. The upgrade cited the district's strong management. In a separate statement, Moody's commented on the financial rating of Saudi Re, noting its strong brand and market position in Saudi Arabia and growing presence in the Middle East, Asia, and Africa.
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