{
  "id": 3112035,
  "title": "Moody’s downgrades Crane NXT senior secured debt on recovery value",
  "url": "https://urgent.news/2026/08/24/moodys-downgrades-crane-nxt-senior-secured-debt-on-recovery-value",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T21:10:30.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/moodys-downgrades-crane-nxt-senior-secured-debt-on-recovery-value-93CH-4874224"
  },
  "original_language": "en",
  "account": "Moody's Ratings Agency has lowered Crane NXT, Co.’s senior secured debt rating to Ba1 from Baa3, citing a lower recovery value for the debt. The company's corporate family rating remains at Ba1, and its probability of default stands at Ba1-PD. The senior unsecured notes due 2048 retain a Ba2 rating, while the SGL-1 Speculative Grade Liquidity Rating stays unchanged. The downgrade stems from the substantial amount of secured debt in Crane NXT's capital structure.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}