Latest news with #Baa3
Reuters
5 days ago
- Business
- Reuters
Moody's lifts outlook on Italy to 'positive'
May 23 (Reuters) - Moody's on Friday raised its outlook on Italy to "positive" from "stable", citing improved confidence following a "better-than-expected" fiscal performance last year and a "stable" political environment, which will support the government's plans. The credit ratings agency also maintained its "Baa3" rating on Italy.
Bloomberg
5 days ago
- Business
- Bloomberg
Meloni Wins Hope of Moody's Upgrade to Italy From Brink of Junk
By and Craig Stirling Save Italy's credit score is skewed toward a potential upgrade at Moody's Ratings, which has just joined rivals in rewarding Premier Giorgia Meloni's push for fiscal restraint. The euro zone's third-biggest economy remains at Baa3, one step above junk, but now has a positive outlook on that, with the credit assessor shifting its view on Friday.
Bloomberg
19-05-2025
- Business
- Bloomberg
Royal Caribbean Sheds Junk Status After Moody's Upgrades Credit
Royal Caribbean Cruises Ltd. regained its investment-grade status on Monday after Moody's Ratings upgraded the global cruise operator's credit rating on a strong demand outlook and better credit metrics. Moody's upgraded the cruise line one notch to Baa3, its lowest high-grade rating, from Ba1, its highest junk grade, according to a Monday statement. The action follows a similar move from S&P Global Ratings, which in February elevated Royal Caribbean to its lowest rung of investment-grade status.
