UAA – Base Case CDS 225bps, Base Case iCDS 145bps, Negative Case iCDS 210bps, 2026 3.250% Bond YTW of 6.357%, iYTW of 6.143%, Ba2 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens, Low Refinancing Need
September 18, 2023