According to Moody's Investors Service, buyout firms would be targeting European retailers to take advantage of low funding costs.
Tags: Moody's Investors Service
Standard & Poor cuts Brazil's loan rating, citing political turmoil
Standard & Poor has trimmed Brazil's loan rating into "junk territory' following the nation's failure to reduce its fiscal risks and the political hurdles facing the economy of Brazil. The government is hopeful to reform its fiscal strategy amid political challenges and economic slowdown.
Standard & Poor's Demoted Sprint's Credit Rating on Tuesday
S&P rating service on Tuesday downgraded Sprint credit to B, citing a challenging environment for the wireless industry. Morningstar and Moody have also demoted Spring credit rating.
Chinese economy more sustainable now: China central bank
China's economy is now more sustainable and domestic consumption is steadily rising, Chinese Central Bank Vice Governor Yi Gang told a G20 meeting of finance officials earlier this week.
Temasek mulls over bond sale to individual investors in Singapore
State-owned investment firm Temasek Holdings Pte. Ltd. is considering to offer bonds to individual investors in Singapore. Temasek's current $10 billion medium-term bond program offers securities to institutions.
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Upgrades were issued to the CPR and MTN of DHCOG including a positive outlook stamp of approval by Moody's Investor's Service.
After a Moody's advisory, Winsway was able to leverage a buyback of its bonds at a third of its original value.
GM debt had been upgraded by Moody's Investment Service to investment grade from junk status. General Motors' debt to investment grade status had been restored by Moody's Investment Service to investment grade.
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