Several credit agencies downgraded Southern's debt ratings and outlook because of the company's
higher financial leverage resulting from its acquisition of AGL.
Not exact matches
Only a rapid build - up of
financial system
leverage has historically
resulted in a shift to
high vol.
The
result in the early 1980s when debt -
leveraged buyouts really gained momentum was that
financial investors were able to obtain twice as
high a return (at a 50 % corporate income tax rate) by debt financing as they could get by equity financing.
If the deal closes as expected, in early 2017, the
result will be a grocery - anchored shopping center REIT with 429
high quality assets, modest
leverage and a strong
financial position, according to Moody's.