Sentences with phrase «into junk status»

Unlike Fallen Angels — which have made the plunge into junk status — crossover bonds are still straddling the fence.

Talk of a move to re-establish state fiscal oversight of the city's schools has circulated since the summer and comes as bond ratings agencies have dropped CPS» debt deeper into junk status in advance of district plans to add more than $ 850 million to its overall debt load.

Not exact matches

As default rates on junk - rated debt is above nine percent, companies with junk status face an average interest rate that is a whopping ten percent points above Treasuries — these days, that translates into roughly 12 percent for a five - year loan.

The drop to junk status shows that the company could quickly run into difficulties in paying its debts, especially as the company will see its cost of capital increase and its financing options shrink as a result of the downgrade.

As default rates on junk - rated debt is above nine percent, companies with junk status face an average interest rate that is a whopping ten percent points above Treasuries — these days, that translates into roughly 12 percent for a five - year loan.

«South Africa's downgrade to junk status by S&P Global will put more pressure on the economy as a whole, sending it further into negative territory, with a natural ripple effect on the residential property market.

In fact, it seemed to take the worst news possible — like Junk Status downgrades — to spark life back into the Rand and trigger a significant strengthening, as the below Chart shows.