trending Market Intelligence /marketintelligence/en/news-insights/trending/cIGsPTFuQp4sXQ-hQsN1Lw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Moody's downgrades Washington Prime's ratings

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Moody's downgrades Washington Prime's ratings

Moody's downgraded the corporate family rating of Washington Prime Group LP, the operating subsidiary of Washington Prime Group Inc.

The outlook was revised to negative from stable.

Moody's also downgraded the subsidiary's senior unsecured debt to B1 from Ba2 and senior unsecured shelf to (P)B1 from (P)Ba2. The speculative grade liquidity rating was unchanged at SGL-3.

The ratings action reflects the continued weak operating performance of the company's mall portfolio, which hampers Washington Prime's ability to maintain financial leverage targets. Moody's expects the company to be highly reliant on its unsecured line of credit should there be no external capital raises.

The negative outlook reflects cash flow risk linked to the company's portfolio amid a challenging operating environment.