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Moody’s Ratings is reviewing Sri Lanka’s sovereign credit rating for a potential upgrade as the country nears completion of its dollar bond restructuring. The new dollar notes offered for swap have been assigned a (P) Caa1 rating, while dollar debt maturing in 2030 has reached its highest level since June 2021.
Suriname's credit rating has been upgraded by Moody’s from Caa3 to Caa1, reflecting a positive outlook due to significant offshore oil discoveries. The upgrade is attributed to expected economic and fiscal benefits from major drilling projects approved by leading oil companies.
ArtCenter College of Design in Pasadena, California, faces a potential credit rating downgrade as Moody’s Ratings shifts its outlook from stable to negative. The decision stems from declining operating performance, increased expenses, and a heavy dependence on international students. The college currently holds $128 million in debt and is rated Baa1, just three levels above junk status.

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