Sentences with phrase «grade credit rating»

Simon's stronger balance sheet and credit profile is reflected in Simon's superior A - investment grade credit rating versus GGP's current BB non-investment grade rating.

«This is important for less mature companies - those without an investment - grade credit rating - and companies that are expanding and rapidly opening new stores,» says Ralston.

A deal involving a local grocery chain with no investment grade credit rating will be harder to get done, says DuMars.

Inc., which carries an investment grade credit rating.

On Tuesday, one analyst called the troubled industrial giant's current investment - grade credit rating «unjustified»; another cut 2018 EPS estimates.

One challenge in spinning off its gas network into a separate company and making it attractive to investors was the amount of debt it could hold relative to its assets — it would need to be higher than the energy regulator's limit, while at the same time needing to maintain an investment - grade credit rating so it could benefit from cheaper borrowing costs.

However, management wants to preserve the company's investment - grade credit rating (BBB - with stable outlook from all three rating agencies).

Therefore, the fund will only invest in a wrap provider with an investment - grade credit rating.

However, its current ratio (short - term assets / short - term liabilities) is still safely above 1, and its interest coverage ratio is strong enough to give it a solid investment grade credit rating.

An investment grade credit rating indicates a low risk of a credit default, making it an attractive investment vehicle.

When we do, we find a leverage ratio (Debt / EBITDA) that's about three times smaller, a debt to capital ratio that's less than half, and a very high interest coverage ratio, which helps to secure GD a very strong investment - grade credit rating.

That explains why TJX has a very strong investment grade credit rating that allows it to borrow at an average interest rate of just 2.9 % (only 0.4 % higher than a 10 - year US Treasury).

While the structure has still to be finalised, analysts believe Coles will have net debt between $ 1.5 billion and $ 2.1 billion — half of Wesfarmers» net debt of $ 3.9 billion — annual lease costs of $ 1.25 billion and fixed charges cover between 2.6 and 2.8 times, which should enable it to achieve an investment grade credit rating of BBB or BBB +.

At its peak, Teck had more than $ 7 billion in debt outstanding, which caused its leverage ratio to rise, resulting in the company not only losing its investment - grade credit rating but getting downgraded deep into junk territory.

Greenlight discussed its plan privately with GM for a number of months but went public after the board dismissed the plan citing a number of concerns, including valuation uncertainty, the potential to jeopardize GM's investment grade credit rating, a lack of established market demand and governance conflicts associated with a dual - class structure.

Corporate borrowers have seldom had it so good, particularly at the vast majority of companies around the world without an investment - grade credit rating.

Adding too much more could threaten its investment grade credit rating, increasing its cost of borrowing.

He also says the company is sitting on a lot of acreage in emerging gas fields, and its investment - grade credit rating of BBB + means it's a low - risk play.

Air Canada will consider instituting a dividend as it gets closer to achieving an investment grade credit rating by the end of 2020, said Rousseau.

Last, floating - rate loans are often most senior in corporate capital structures: important because floating - rate loans are often extended to companies with below investment - grade credit ratings.

Corporate bonds ETFs invest in debt issued by corporations with investment - grade credit ratings.

The bottom tier of investment grade credit ratings include BBB +, BBB, and BBB -.

Most senior loans are made to corporations with below investment - grade credit ratings and are subject to significant credit, valuation and liquidity risk.

This conservative approach to its capital structure has earned Realty Income strong investment grade credit ratings from the rating agencies.

Because of their typically attractive yields and investment - grade credit ratings, fixed - rate capital securities can help investors achieve enhanced returns without sacrificing credit quality.

In retail, the most sought - out properties are those retailers with investment grade credit ratings — those with a Standard & Poor's rating of BBB or higher.

By «investment grade» we mean that we intend to invest in properties leased to blue chip tenants and / or companies with investment grade credit ratings.

There is no guarantee all of our properties will be leased to blue chip tenants or companies with investment grade credit ratings.

Blue chip and investment grade descriptions are those of either tenants and / or guarantors with investment grade credit ratings or whose non-guarantor parent companies have investment grade credit ratings or Bloomberg equivalent ratings.

In fact, small and middle - market companies with non-investment grade credit ratings — ratings below «BBB» — are pursuing sale - leasebacks and accepting today's lower sale prices compared with 18 months ago, say experts.

Not exact matches

Canada's DBRS is the only credit rating agency willing to give Portugal an investment grade, which allows the European Central Bank to buy Portuguese government bonds.

Liew said that with the wide variations in credit quality across emerging markets, from non-investment grade countries such as Argentina and Venezuela, to single - A rated ones, such as Malaysia, GIC was looking for «idiosyncratic situations,» in emerging markets which were likely to converge with lower - yielding developed markets.

With the scandal set to hurt profits and as funding costs climb, the debt load will likely increase beyond 5 times Ebitda, Mizuho Securities USA said Thursday in a note to clients, adding its internal credit rating on BRF is now three steps below investment grade.

Beyond the requirements that liquidity and regulators impose on us, we will purchase currency - related securities only if they offer the possibility of unusual gain — either because a particular credit is mispriced, as can occur in periodic junk - bond debacles, or because rates rise to a level that offers the possibility of realizing substantial capital gains on high - grade bonds when rates fall.

Also last week, the credit - ratings agency Standard & Poor downgraded its bonds to the lowest level still considered investment grade, according to CNN Money.

The nation may need another $ 15 billion, according to the European Union, and Standard & Poor's said a debt default may be inevitable as it cut Ukraine's credit rating to CCC - last week, nine steps below investment grade.

A bond rating is a grade given to bonds that indicates their credit quality.

Bonds rated below investment grade may have speculative characteristics and present significant risks beyond those of other securities, including greater credit risk and price volatility in the secondary market.

The State was downgraded to the lowest possible investment grade rating and remains on negative watch with an S&P / Moodys credit rating of BBB - / Baa3.

Our Global Market Strategies segment, established in 1999 with our first high yield fund, advises a group of 46 active funds that pursue investment opportunities across various types of credit, equities and alternative instruments, including bank loans, high yield debt, structured credit products, distressed debt, corporate mezzanine, energy mezzanine opportunities and long / short high - grade and high - yield credit instruments, emerging markets equities, and (with regards to certain macroeconomic strategies) currencies, commodities and interest rate products and their derivatives.

Bloomberg Barclays Long U.S. Government Credit Index includes all publicly issued U.S. government and corporate securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $ 250 million or more of outstanding face value.

Interest - rate risk is generally greater for longer - term bonds, and credit risk is generally greater for below - investment - grade bonds, which may be considered speculative.

Each account will contain investment - grade taxable bonds rated BBB − or higher at time of purchase.2 The investment team will seek to maintain an overall portfolio credit rating average of A −.2 Please be aware that lower rated bonds do carry additional risk compared to higher rated bonds.

Stock analysts grade companies every day and give them ratings for credit worthiness and investment grade.

In pursuance of the Union Budget 2018 announcement, the board also cleared a proposal on changing the investment grade rating from AA to A for corporate bonds, which would boost investment scope while ensuring credit quality.

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.

Plenty of investment - grade credit bonds suspended coupon payments in the Depression, transiting directly from A to D rating without even making a pit stop at a C junk rating.

Floating - rate loans» low credit ratings indicate greater potential risk of default relative to investment - grade bonds (though default rates for floating - rate loans historically have been lower than on high - yield bonds).

Companies with excellent to low credit ratings issue investment - grade corporate bonds, which have lower interest rates because of the safety of the investment.

Variable Rate Demand Note Inventory and Remarketing PNC has a portfolio which approaches $ 8 billion and includes issues enhanced by letters of credit from investment grade commercial banks and insurance companies with bank liquidity facilities.