CTP Finance Inc. -- Moody's Publishes Covenant Quality Assessment for CTP Transportation Products, LLC / CTP Finance Inc. Bond Offering

New York, December 11, 2013 -- Moody's Investors Service has assigned an overall covenant quality score of 3.06 to CTP Transportation Products, LLC's$250m _% Senior Secured Notes due 2019. Subscribers can read the full report at: https://www.moodys.com/research/CTP-Transportation-Products-LLC-CTP-Finance-Inc-Pre-Sale-Snapshot-Covenant-Quality-Assessment--PBC_161480 . Moody's scores covenant protections on a five-point scale, with 1.0 denoting the strongest covenant protections for investors and 5.0, the weakest. CTP Transportation Products, LLC's score compares with the US average of 3.52 and the peer group average of 3.38.

Vollständigen Artikel bei Moodys lesen