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Global Payments Inc. -- Moody's rates Global Payments' new term loan Ba2
Posted on Friday October 19, 2018
NOTE: On October 19, 2018, the press release was corrected as follows: The following was added as the third paragraph of the RATINGS RATIONALE section: Moodys could upgrade Global Payments ratings if the company maintains strong earnings growth, management establishes a track record of conservative financial policies and Moodys expects total debt to EBITDA to approach the mid 3x. Moodys could downgrade the ratings if Global Payments organic net revenue growth weakens materially, or changes in financial policies, debt-financed acquisitions or shareholder returns cause total debt to EBITDA (Moodys adjusted) to exceed 4.5x. Revised release follows. New York, October 12, 2018 -- Moody's Investors Service assigned a Ba2 rating to Global Payments Inc.'s new $500 million term loan.
Analysis: Positioning to Benefit within Arista Networks, Global Payments, Alibaba Group Holding, Cummins, Booking, and LHC Group — Research Highlights Growth, Revenue, and Consolidated Results
Posted on Friday October 19, 2018
NEW YORK, Oct. 19, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
See what the IHS Markit Score report has to say about Global Payments Inc.
Posted on Thursday October 18, 2018
To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Global Payments' Term Loan Gets Rating Action From Moody's
Posted on Monday October 15, 2018
Global Payments' (GPN) new $500 million term loan receives ratings from Moody's. Outlook remains stable.