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...S&P has rated the bonds single-B minus, among the riskiest ratings it assigns....
...The bumper debt deal will leave Medline with a high debt-to-earnings ratio of around seven times, according to rating agencies S&P Global and Moody’s....
...Stock markets in both regions have continued to advance this year, with the benchmark Euro Stoxx 600 marginally outpacing the S&P 500....
...The downgrade — to triple B minus, from the triple B issued in August — follows similar reductions earlier this month from S&P’s fellow agencies Moody’s and Fitch, although their ratings remain higher at...
...have greater risk of falling off the edge quicker, but I don’t believe it will be the Armageddon that everyone thinks,” said Perry Mandarino, head of restructuring and co-head of investment banking at B...
...And you don’t hear much complaining when the industry does beat the S&P, as was the case in 2018....
...The triple B rating from S&P follows its first onshore grade of triple A, given earlier this month to a subsidiary of ICBC, the country’s biggest bank....
...I think that B assets are getting priced like A assets and A assets are getting priced like A+ assets,” he says....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...In the case of the single B sector, the absence of EM&M entails a tightening of 50bp since triple C and single B traded at their narrowest spread in late-April....
...Back in October, the rating agency left Italy a notch above the dreaded junk ranking at triple B, one step above Moody’s and in line with Fitch....
...Citing public and political pressure and potential wildfire liabilities, S&P downgraded the company’s credit rating to B from the investment grade level of BBB- and threatened to cut it again by one notch...
...While the Argentine peso steadied on Friday after a savage drop on Thursday, S&P put the country’s B+ credit rating on “creditwatch negative”, which reflects “the risk of worsening creditworthiness due to...
...One is that Moody's had the most negative rating on the bond -- Fitch rates the bond at BB-, while S&P have it a B+....
...S&P lowered the country’s foreign currency sovereign credit rating to BB-/B from BB/B — leaving it two notches below investment grade. The outlook on the rating is stable....
...Its B shares carry 10 votes for every class-A vote....
...S&P Global Ratings on Friday upgraded Greece’s long-term sovreign credit rating by one notch to B from B-’ leaving it below investment grade but with a positive outlook....
...In a ratings report on New Zealand asset finance group UDC – which HNA is in the process of buying – the ratings agency said that it had cut this credit profile from B+ to B....
...Altice held on to its B+ long-term credit rating, but the negative outlook implies at least a one in three chance that the rating will be cut in the next 12 months....
...S&P cut the company’s rating one notch to B-, deeply in “junk” territory....
...S&P last week cut Swissport’s rating one notch to B-, deeply in “junk” territory, citing the “aggressive acquisition policy, tolerance for high leverage, and contracting liquidity” of HNA....
...Portugal won back one of its investment grade status on Friday, with S&P raising its rating on the country by a notch from BB+/B to BBB-/A-3....
...Pakistan is rated B3 by Moody’s and B by S&P and Fitch....
...S&P cut DWCP’s company rating to junk, to double B from triple B minus....
...S&P on Tuesday lowered its corporate rating on the company from BBB- one notch to B+, which puts it into non-investment grade territory. It said its outlook on the company has been set at stable....
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