Sentences with phrase «downgraded by a notch»

Credit rating agency Moody's just downgraded by a notch the long - term ratings of BMO, ScotiaBank, Caisse centrale Desjardins, CIBC, National Bank and TD.

Not exact matches

Fitch's warning comes after S&P Global Ratings downgraded China's long - term sovereign credit rating by one notch last week to A + from AA -, citing increasing risks from the country's rapid build - up of credit.

Standard & Poor's lowered its rating by one notch Thursday, two days after Fitch downgraded it to one step above speculative grade.

Meanwhile, Standard & Poor's, which last week downgraded Spain's sovereign rating by two notches, said the country is «very unlikely» to meet its budget deficit reduction targets.

Chicago's recent triple - notch downgrade by Fitch Ratings is a stark reminder that Illinois» inability to solve its pension crisis has consequences.

China's credit rating was downgraded one notch to A + by ratings agency Standard & Poor's (S&P), which cited increased economic and financial risks, following the significant rise in the country's debt levels since the global financial crisis.

Fitch Ratings this month downgraded the property firm by two notches to a junk rating, citing its inability to access offshore funding channels to boost its liquidity in a timely manner.

Since 2008, Moody's has downgraded each of the seven most leveraged countries by a minimum of two notches (relative to credit rating).

Collectively, these seven countries have been downgraded by a combined 41 notches, and each Moody's downgrade always has cited debt as one of the factors (Table 1).

Moody's recently dropped their bond rating by two notches, from A2 to Baa1, right on the heels of their two notch downgrade in April 2016.

In an acknowledgement of the glaringly obvious, Fitch downgraded Japan's credit rating by a notch on Monday, citing Japan's ballooning pubic debt.

Seemingly high - quality bonds rated A3 by Moody's had been downgraded five notches to Ba2, as had the other bonds in the pool aside from its triple - A's.

GM and GMAC debt are only one notch above junk at S&P, and I can tell you that you will have a hard time selling debt if you ever do get downgraded by S&P.

The South African rand plunged more than 11 % in the last 7 days, first rattled by a downgrade by Standard & Poors to junk status as well as the move by Moody's to place South Africa — which it has two notches above junk — on downgrade review.