Moody’s
Clover challenging times
July 16, 2019
Moody’s has downgraded Clover Technologies parent 4L Technologies as risk of default rises. Moody’s Investor Services (Moody’s) downgrades Clover parent 4L Technologies following the appointment of legal and investment specialists to advise on restructuring the company issuing a lower earnings forecast. Moody’s acted quickly to downgrade its ratings for 4L Technologies Inc. (4L Tech), from […]
Moody’s affirms B3 ratings for Clover
April 3, 2019
Moody’s Investors Service has affirmed its B3 Corporate Family Rating (CFR) and B3-PD Probability of Default Rating (PDR) for 4L Technologies Inc., the parent company of Clover. Following Moody’s decision to upgrade 4L Technologies (4L Tech) from negative to stable in September last year, the agency has announced its affirmation of B3 CFR and B3-P PDR […]
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