other material
confidence high
sentiment neutral
materiality 0.60
Axos Financial and Axos Bank request Moody's rating withdrawal; sole investment grade rating preferred
Axos Financial, Inc.
- Requested Moody's to withdraw ratings effective December 4, 2023.
- Prior to withdrawal, Moody's outlook for ratings was stable.
- Decision based on discussions with investors; maintaining a single investment grade rating deemed preferable.