S&P Global Ratings assigned Local Currency LT credit rating of 'B' to CELSA OPCO on December 16, 2025. The outlook is stable.

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Fitch Ratings affirmed the 'BB' LT Int. Scale (local curr.) credit rating of Investment Energy Resources on December 16, 2025. The outlook is stable.

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S&P Global Ratings downgraded from 'B+' to 'B-' the Foreign Currency LT credit rating of Velocity Vehicle Group on December 15, 2025. The outlook is negative.

Moody's Investors Service affirmed the 'B3' LT- foreign currency credit rating of Castor on December 16, 2025. The outlook is stable.

S&P Global Ratings affirmed the 'BBB' Local Currency LT credit rating of CCL Industries on December 15, 2025. At the same time the rating agency revised outlook to positive from stable.