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Muthoot Launches Tender Offer for 4.4% 2023s

Muthoot Launches Tender Offer for 4.4% 2023s

Muthoot Finance has announced a tender offer to purchase up to $225mn of its $550m 4.4% bonds due September 2023. The bonds were issued in March 2020 and are rated BB/BB+. Bondholders who tender their notes before the early deadline of April 10 will receive $1,000 per...

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Netflix Upgraded to IG Status of Baa3

Netflix Upgraded to IG Status of Baa3

Netflix was upgraded to Baa3 from Ba1 by Moody's into investment grade territory on expectations that it will stay as the leading direct-to-consumer subscription-video-on-demand (SVOD) single Tier-1 platform in the world. This is despite an increasingly competitive...

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