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.
There is no guarantee all of our properties will be leased to blue chip tenants or companies with
investment grade credit ratings.
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.
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.
This conservative approach to its capital structure has earned Realty Income strong
investment grade credit ratings from the rating agencies.
The bottom tier of
investment grade credit ratings include BBB +, BBB, and BBB -.
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.
Adding too much more could threaten
its investment grade credit rating, increasing its cost of borrowing.
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.
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 +.
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).
An investment grade credit rating indicates a low risk of a credit default, making it an attractive investment vehicle.
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.
Inc., which carries
an investment grade credit rating.
A deal involving a local grocery chain with
no investment grade credit rating will be harder to get done, says DuMars.
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.
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.
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.
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.
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.
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.
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.
Corporate borrowers have seldom had it so good, particularly at the vast majority of companies around the world without an
investment -
grade credit 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.
Credit rating =
investment grade at BBB +.
• Mediocre (but
investment grade)
credit rating.
High yield bonds (bonds
rated below
investment grade) may have speculative characteristics and present significant risks beyond those of other securities, including greater
credit risk, price volatility, and limited liquidity in the secondary market.
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.
Hasbro's
credit rating is on the low end of S&P's spectrum of
investment -
grade ratings.
The highest
rating is AAA, and the lowest is D. Securities with
credit ratings of BBB and above are considered
investment grade.
The Barclays U.S.
Credit Index is the credit component of the Barclays Capital U.S. Aggregate Bond Index, which is a broad - based bond index comprised of government, corporate, mortgage and asset - backed issues, rated investment grade or higher, and having at least one year to mat
Credit Index is the
credit component of the Barclays Capital U.S. Aggregate Bond Index, which is a broad - based bond index comprised of government, corporate, mortgage and asset - backed issues, rated investment grade or higher, and having at least one year to mat
credit component of the Barclays Capital U.S. Aggregate Bond Index, which is a broad - based bond index comprised of government, corporate, mortgage and asset - backed issues,
rated investment grade or higher, and having at least one year to maturity.
Interest -
rate risk is greater for longer - term bonds, and
credit risk is greater for below -
investment -
grade bonds.
Currently, BBB -
rated bonds are equal to 45 % of the entire outstanding high - yield market, which has increased from 30 % a decade ago.3 Since BBB is the lowest
investment -
grade bond
rating, the risk is that many poor
credits will fall, like angels, from the
investment -
grade into the high - yield universe.
Given the introduction of several new ECB policies yesterday (expanded QE; purchases of nonfinancial,
investment grade corporate debt; new refinancing programs; incentives to reduce the impact of negative interest
rates on banks and spur lending) we think the outlook for European
credit and equities is quite constructive.
Bank loans however, carry sub-
investment grade ratings and have significantly more
credit risk than
investment grade corporate bond floating -
rate securities.
The robust growth in the Philippines is widely attributed to President Benigno Aquino III's economic reforms, favourable fiscal management and strict anti-corruption campaign which earned the country several
rating upgrades by major
credit rating agencies to
investment grade last year and kicked off a remarkable inflow of foreign direct
investment.
In all, IGIH provides the
credit risk and return of
investment -
grade corporate bonds while aiming to screen out risk from rising
rates.
These instruments are issued by
investment grade companies with
credit rating of BBB - or higher.
[22] If the total amount of debt in the project is less than $ 75 million, then the applicant must obtain only one
investment -
grade rating on the senior obligations and one rating on the TIFIA credit instrument from a Credit Rating A
rating on the senior obligations and one
rating on the TIFIA credit instrument from a Credit Rating A
rating on the TIFIA
credit instrument from a Credit Rating A
credit instrument from a
Credit Rating A
Credit Rating A
Rating Agency.
[21] If the TIFIA
credit assistance is the senior and / or the only debt in the project, then it must receive two
investment grade ratings.