Sentences with phrase «junk bond status»

Should Illinoisans tolerate the defiance exhibited here in Illinois to follow the dictates of the economic disastrous Paris Climate accord, given the near junk bond status of the state, and when the accord has nothing to do with climate change and everything to do with punishing the US for being too industrial, too successful, too Western, and a host of other supposed evils that cause leftists to become unhinged?

A fallen angel is a bond that was given an investment - grade rating but has since been reduced to junk bond status due to the weakening financial condition of the issuer.

«We have gone from near junk bond status to the A category in just three years.»

That was junk bond status.

Both Fulton and Fishkill have near junk bond status, the board members said, as well as a low «fund balance» of cash to help them bridge potential budget gaps.

After the drop to junk bond status, he said he had taken steps to address the town's fiscal problems, but «it wasn't enough.»

Relegation to junk bond status is a significant event in corporate finance.