Moody's Investors Service

Thursday, 05 November 2020
Oct/Nov 2020

Rocky road ahead

The 2020 iteration of the KangaNews-Moody’s Investors Service Corporate Borrower’s Intentions Survey highlights the response of corporate Australia and New Zealand to COVID-19. The results show treasury teams are anticipating a rocky path out of the crisis and a heightened domestic focus to their funding plans.

Wednesday, 28 July 2021
Aug/Sep 2021

BNPL asset class flies high with Zip triple-A upgrade

Australia’s buy-now, pay-later securitisation sector received a significant stamp of approval in July as Moody’s Investors Service upgraded the top tranches of all three of Zip Co’s outstanding transactions to Aaa. The rating agency had previously withheld the top mark based on the relative infancy of Zip and the BNPL asset class, and the issuer now says it hopes to see a cost-of-funds benefit from the development.

Sunday, 18 July 2021
Jun/Jul 2021

Australian credit market’s big winners

Australian corporate and nonbank borrowers have made the most of a playing field left open to them by the absence of major-bank senior bond issuance since early 2020. Whether the credit market remains as deep for these borrowers once banks return is one of the biggest questions heading into the second half of 2021.

Thursday, 03 June 2021

NOW FINANCE planning ABS deal

Tuesday, 09 March 2021
Feb/Mar 2021 IWI Supplement

Beyond labels, corporate engagement marches on

If Australian corporate engagement with sustainable finance were measured by labelled green, social and sustainability bond issuance, progress remained underwhelming in 2020. However, issuers, investors and other market participants at the KangaNews Sustainable Debt Summit 2020 spoke of deepening commitments to environmental, social and governance risk mitigation.

Sunday, 03 January 2021
Dec/Jan 2020/2021

KangaNews DCM Summit capital issuance webinar

Australia’s credit market has seen a pickup in supply of capital instruments, including a clutch of corporate hybrid transactions. The KangaNews Debt Capial Markets Summit 2020 webinar series included a session on additional capital, which focused on supply dynamics, demand drivers and the ever-present tension between retail, wholesale and true institutional participation.

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