Summary
S&P Global Ratings' leading Corporate ratings analysts held a live, interactive webinar on Monday, October 19, 2026, discussing S&P Global Ratings' recent rating assignment for Gear M NSW HCC Pty Ltd (GM3) and its proposed US$500m bond issuance.
Key discussion points included:
- What's driving our 'B+' issuer credit rating on GM3
- What's our outlook for the metallurgical coal market and pricing
- What's behind our 'BB-' issue rating and '2' Recovery Rating on GM3's proposed US$500m bond issuance
Speakers:
Richard Creed, Director, Lead Analyst, Corporate Ratings
Leanne Ly, Senior Analyst, Corporate RatingsModerator:
Moderator:
Paul Draffin, Managing Director, Analytical Manager, Corporate and Infrastructure Ratings
This webinar replay is free of charge.
Questions?
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