Moody's may upgrade Unova

Moody's Investors Service said it placed the Caa1 senior unsecured long-term debt rating of Unova Inc. under review for possible upgrade.

This action reflects improved financial performance in both of the company's businesses, the expectation of further progress, as well as Unova's strong liquidity measures.

Ratings placed under review for possible upgrade include: Unova Inc.'s Caa1 for senior unsecured notes totaling $200 million.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.