Latest Credit Rating News

Dexus has priced a A$500 million subordinated notes issue, enhancing its financial flexibility and extending its debt maturity profile. The move reflects strong investor demand and strategic capital management.

Emeco Holdings has refinanced its long-term debt with a new A$355 million facility, extending maturity and improving terms to support future growth.

Genesis Energy’s 2025 Investor Day confirms its strategy and earnings growth remain firmly on track, anchored by a substantial renewable pipeline and robust capital management.

Moody’s has upgraded Bendigo and Adelaide Bank’s long-term credit rating to A3, citing strong asset quality and liquidity. The outlook shifts to stable, reflecting confidence tempered with caution.

TPG Telecom has successfully raised $300 million through its institutional reinvestment plan, issuing new shares at a discount to offset recent capital returns and strengthen its balance sheet. The plan faced adjustments due to a tragic incident and volatile market conditions.

Orica Limited has delivered its strongest financial performance in over a decade, driven by premium product demand and digital innovation, while advancing ambitious sustainability targets. The company signals continued growth for 2026 despite emerging supply chain challenges.

Coronado Global Resources posted a $109.5 million net loss for Q3 2025 amid subdued metallurgical coal markets and announced a proposed refinancing deal with Stanwell Corporation to strengthen its financial position.

Dyno Nobel reported a modest revenue dip but a solid 5.6% rise in net profit excluding one-off items for FY25, completing key divestments and advancing its transformation program.

Woodside Energy Group unveiled an ambitious growth strategy at its 2025 Capital Markets Day, targeting a net operating cash flow of around US$9 billion by the early 2030s, driven by key LNG and ammonia projects.

Australian Bond Exchange Holdings (ASX – ABE) unveiled new AUD-denominated market-linked securities and progressed its AI-driven credit analysis tool, while reporting a $0.7 million quarterly cash outflow and plans for capital raising.

Ampol Limited has priced A$500 million of subordinated notes due 2055, refinancing existing debt and enhancing financial flexibility. The long-term capital raise attracted strong demand from regional fixed income investors.

Newmont Corporation delivered a strong third quarter in 2025, producing 1.4 million gold ounces and generating a record $1.6 billion in free cash flow, while improving its cost and capital guidance for the year.