RE:RE:Moody's Feb 27 2015 report on Nordex withoutbias, if I had to lay a bet down between Moody's "negative" and what can be percieved as RBC's "positive", I would stand behind RBC. They have their boots on the ground here and know the biz. Having dealt with their commercial guys, they do their homework before extending further credit and their decision makers do not invite egg on their faces. Egg is not condusive to further advancement/promotion. Moody's simply does not have the same inside vantage point to draw their conclusions.
As an aside, in the event that there is a deterioration on the balance sheet, I have some comfort when I see Zucker building a position as there will be an answer - one way or another. Might not be all that positive for shareholders, but answers nonetheless.