Negative rating for Sterigenics debt

Moody's rates the debt Sterigenics will use to buy Nordion (NDZ +0.1%) B2 with a Loss Given Default (LGD) 3 score, which reflects Moody's opinion about the expected loss given default on fixed income obligations expressed as a percent of principal and accrued interest at the resolution of default. LGD3's projected loss range is >= 30% and < 50%. The rating outlook is negative.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs