There have been instances in the past where funds have held questionable debt instruments which have been
downgraded by credit agencies later.
Not exact matches
Russia's sovereign
credit rating was recently
downgraded by ratings
agency Moody's, while its currency slumped to record lows against the greenback amid ongoing incursions in Ukraine and the risk of harsher sanctions from the West.
The move comes as the Hong Kong - based trader aims to rebuild investor confidence after a brutal commodities downturn coincided with a questioning of its accounts in early 2015
by Iceberg Research, sparking a collapse in its share price and ratings
credit agency downgrades.
A
downgrade by a
credit rating
agency usually means investors will demand a higher interest rate when a company goes to raise cash
by issuing bonds or other debt.
These relatively conservative interest rate estimates will certainly be noticed
by credit ratings
agencies, which may help the province avoid further
downgrades in ratings.
However, in August 2011 the long - term sovereign
credit rating on the United States of America was
downgraded to AA + from AAA
by the Standard & Poor's ratings
agency, reflecting increasing concerns about the U.S. budget deficit and its future trajectory.
A
downgrade in the
credit rating of a bond
by the
credit agencies can affect bond performance as well if institutional investors are forced to sell because of restrictions on the
credit quality of the bonds they're able to hold.
In the latest report issued
by Moody's Investors Service on Wednesday, the internationally famous
credit rating
agency downgraded its outlook on China's
credit rating from «stable» to «negative,» while affirming the still - respectable Aa3 grade on its sovereign debt.
Three Panamanian banks had their
credit ratings
downgraded by Standard & Poor's — a top
credit - rating
agency.
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.
The
credit rating
agency said the
downgrade, which affects about $ 975 million of debt, was prompted
by a growing number of lawsuits, federal and state probes, and Michigan legislation that could all hurt the university's finances.
The prospect of a
downgrade by one of the
credit rating
agencies once seemed almost unimaginable.
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.
We remain concerned that if the U.S. continues the trend of a rising debt / GDP ratio, it increases the chances of a sovereign - debt
credit downgrade by the
credit ratings
agencies.
First, our quickly escalating debt / GDP ratio puts the U.S. sovereign
credit rating at risk for a future
downgrade by some rating
agencies, if left unchecked.
After all, this is the Chancellor who claimed for three years that he had to stick to his plan or the UK would be
downgraded by the
credit rating
agencies; and then when he lost the UK's AAA rating, said this meant he had no choice but to stick to his plan.
They argued behind closed doors Tuesday that Mangano deserved an «eleventh - hour warning» and one more week to figure out how to fill a $ 158 - million deficit - a number calculated
by Moody's Investors Service last month when the ratings
agency downgraded Nassau's
credit from Aa3 to A1.
The decision
by the ratings
agency Moody's to
downgrade the UK's AAA
credit rating, is unwelcome news for the Government.
Shadow chancellor Ed Balls has said that the Chancellor needs to «change direction» after Britain's
credit rating was
downgraded from the top AAA rating
by the Moody's
credit agency.
Britain's
credit rating has been
downgraded from the top AAA rating to AA1
by the Moody's
credit rating
agency.
Labour's shadow chief secretary to the Treasury, Rachel Reeves has reacted to Britain's
credit rating
downgrade by the ratings
agency Moody's:
Debt obligations are subject to
credit risk, as they can be
downgraded by rating
agencies, go into default, or affected
by management action, legislation, or other government actions that may in turn reduce the issuers» ability to pay principal and interest when due.
Debt obligations are subject to
credit risk, as they can be
downgraded by rating
agencies, go into default, or be affected
by management action or
by legislation or other government action that may reduce the issuers» ability to pay principal and interest when due.
By Monday, June 27, reports of the Big Three
Credit Rating Agencies: Standard & Poor's (S&P), Moody's and Fitch Group, had all downgraded the credit rating of the United Ki
Credit Rating
Agencies: Standard & Poor's (S&P), Moody's and Fitch Group, had all
downgraded the
credit rating of the United Ki
credit rating of the United Kingdom.
Think of AIG: they were rendered insolvent
by rising margin requirements as their creditworthiness was
downgraded, largely because the rating
agencies concluded they were going to lose a lot of money off of their many bets on subprime residential
credit.
A security's value may also be affected
by the possibility that issuers of debt obligations will not pay the Fund interest or principal, or that their
credit rating may be
downgraded by a ratings
agency.
By mid-November, we had almost completed our purchases of yieldy assets, when I received a phone call from the chief actuary of our client expressing concern over the
credit risks we were taking; the rating
agencies were threatening a
downgrade.
A corporate bond which when issued was investment - grade rated
by credit rating
agencies such as Standard & Poor's or Moody's but is now
downgraded due to a deteriorated financial situation.
Bonds and bond funds will decrease in value as interest rates rise and are subject to
credit risk, which refers to the possibility that the debt issuers may not be able to make principal and interest payments or may have their debt
downgraded by ratings
agencies.
Ratings
agencies threatened to
downgrade A.I.G.'s
credit rating if it does not raise $ 40 billion
by Monday morning, a step that would cripple the company.
Australian airline Qantas has seen its
credit rating
downgraded to junk
by ratings
agency Standard & Poor's.
However, with
credit rating
agencies recently
downgrading China's sovereign rating, it is unlikely that a digital currency issued
by the PBOC will displace Bitcoin or Ethereum.
Samuel Seeff of Seeff Properties says that «while disappointed at the news of the
credit downgrade by the S&P ratings
agency, the threat of a
downgrade has been looming for the past 18 months».
South Africa's
downgraded status
by international
agencies is likely to have significant impact on the construction industry as the cost of
credit rises, particularly...