Navios Maritime Holdings Inc. (NM)

[dabonenose]

Moodys gave NM a bump up in credit ratings this morning to positive from negative.

Rating Action: Moody's revises Navios Holdings' outlook to positive
Global Credit Research - 09 May 2017
London, 09 May 2017 -- Moody's Investors Service today affirmed the Caa3 corporate family rating of Navios Maritime Holdings, Inc. ("Navios Holding" or "NM"), its probability of default rating of Caa3-PD, as well as the Caa2 rating on Navios Holdings' $650 million senior secured first preferred ship mortgage notes and the Ca rating on its $350 million senior unsecured notes. Moody's has also changed the outlook for all ratings to positive from negative.

https://www.moodys.com/research/Moodys-revises-Navios-Holdings-outlook-to-positive--PR_366012?WT.mc_id=AM~WWFob29fRmluYW5jZV9TQl9SYXRpbmcgTmV3c19BbGxfRW5n~20170509_PR_366012&yptr=yahoo