April 12 (Reuters) - Moody’s:
* MOODY’S SAYS WIDER LIBOR SPREADS NOT A SIGNAL OF RISING BANK CREDIT RISKS
* MOODY’S SAYS DO NOT BELIEVE THAT INCREASE IN PERCEPTION OF BANKS’ CREDIT RISKS HAS DRIVEN WIDER LIBOR SPREAD SINCE MID-NOVEMBER 2017
* MOODY’S SAYS SEEMS UNLIKELY THAT LIBOR-OIS SPREAD HAS WIDENED DUE TO INCREASED RELUCTANCE AMONG BANKS TO LEND TO ONE ANOTHER DUE TO CREDIT CONCERNS
* MOODY’S SAYS HIGHER LIBOR WILL INCREASE INTEREST PAYMENTS ON FLOATING RATE DEBT AND HIT BORROWERS’ CASH FLOWS
* MOODY’S SAYS HIGHER LIBOR DOES NOT ALTER ITS MACRO VIEWS