Moody’s lifts Springleaf view to positive

Moody’s Investors Service said it affirmed the B3 corporate family rating of Springleaf Holdings, Inc., along with the B3 senior unsecured rating of operating subsidiary Springleaf Finance Corp.

Moody’s also said it changed the outlook to positive from stable.

The ratings reflect the company’s strengthened franchise in non-prime consumer lending, improved operating performance in core business segments, increased liquidity and its effort to reduce leverage, the agency said.

Results in Springleaf’s shrinking real estate lending segment continue to represent a drag on its overall results, Moody’s said.

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