Sentences with phrase «on investment grade credit»

The FOMC meeting took its toll on investment grade credit as well.

Next to it I have the yield on investment grade credit.

Not exact matches

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.

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.

CIU is an extremely popular take on the intermediate investment - grade credit market.

Within fixed income, we suggest raising average credit quality, particularly focusing on investments in areas like high - grade corporate and municipal bonds.

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.

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).

Hasbro's credit rating is on the low end of S&P's spectrum of investment - grade ratings.

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.

As to whether the stock market has put in a «real» bottom, Reynolds said he would like to see corroborating evidence of improving conditions, like the yield on the 10 - year U.S. Treasury note moving back up, and improvement in the investment - grade corporate credit market.

Dhruv Mallick joined Leith Wheeler in January 2015 as a credit analyst, focusing on both investment grade and high yield credit.

Bloomberg Gadfly's Lisa Abramowicz (follow her on twitter here) outlined in a recent piece The Credit Boom that Just Won't Die the insatiable demand for investment grade cCredit Boom that Just Won't Die the insatiable demand for investment grade creditcredit.

The Markit iTraxx Europe Index, which includes credit default swaps tied to European companies deemed investment grade, reached 56 basis points on July 10 compared with 53 basis points on June 26.

[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 Acredit instrument from a Credit Rating ACredit Rating Agency.

Second, the applicant must obtain two investment - grade ratings (Baa3 / BBB - or higher) on the senior debt obligations and two ratings on the TIFIA credit instrument, both from a Credit Rating Agency, in order to execute a TIFIA credit agrecredit instrument, both from a Credit Rating Agency, in order to execute a TIFIA credit agreCredit Rating Agency, in order to execute a TIFIA credit agrecredit agreement.

(3) PRELIMINARY RATING OPINION LETTER. - The Secretary shall require each project applicant to provide a preliminary rating opinion letter from at least 1 rating agency -» (A) indicating that the senior obligations of the project, which may be the Federal credit instrument, have the potential to achieve an investment - grade rating; and» (B) including a preliminary rating opinion on the Federal credit instrument.»

-» (A) IN GENERAL. - To be eligible for assistance under this chapter, a project shall satisfy applicable creditworthiness standards, which, at a minimum, shall include -» (i) a rate covenant, if applicable;» (ii) adequate coverage requirements to ensure repayment;» (iii) an investment grade rating from at least 2 rating agencies on debt senior to the Federal credit instrument; and» (iv) a rating from at least 2 rating agencies on the Federal credit instrument, subject to the condition that, with respect to clause (iii), if the total amount of the senior debt and the Federal credit instrument is less than $ 75,000,000, 1 rating agency opinion for each of the senior debt and Federal credit instrument shall be sufficient.»

[199] The assessment of the senior obligations» investment grade potential and the default risk for the TIFIA credit instrument and the senior obligations should be based on the underlying ratings of the unenhanced debt obligations and the project's fundamentals.

Each potential applicant for TIFIA credit assistance must provide a preliminary rating opinion letter from at least one Credit Rating Agency [187] indicating that the project's senior obligations (which may include the TIFIA credit instrument) have the potential to achieve an investment grade rating and providing a preliminary rating opinion on the TIFIA credit instrument and provides rating rationales for both preliminary racredit assistance must provide a preliminary rating opinion letter from at least one Credit Rating Agency [187] indicating that the project's senior obligations (which may include the TIFIA credit instrument) have the potential to achieve an investment grade rating and providing a preliminary rating opinion on the TIFIA credit instrument and provides rating rationales for both preliminary raCredit Rating Agency [187] indicating that the project's senior obligations (which may include the TIFIA credit instrument) have the potential to achieve an investment grade rating and providing a preliminary rating opinion on the TIFIA credit instrument and provides rating rationales for both preliminary racredit instrument) have the potential to achieve an investment grade rating and providing a preliminary rating opinion on the TIFIA credit instrument and provides rating rationales for both preliminary racredit instrument and provides rating rationales for both preliminary ratings.

Note that if the total amount of the RRIF direct loan or loan guarantee is greater than $ 75 million, the applicant must provide an investment grade rating on the RRIF credit instrument from at least two Credit Rating Agencies for the DOT to incorporate such ratings into its calculation of the CRP (45 U.S.C. § 822 (f)(3)(C)credit instrument from at least two Credit Rating Agencies for the DOT to incorporate such ratings into its calculation of the CRP (45 U.S.C. § 822 (f)(3)(C)Credit Rating Agencies for the DOT to incorporate such ratings into its calculation of the CRP (45 U.S.C. § 822 (f)(3)(C)-RRB-.

On balance, I favor a neutral stance in high yield and a moderate underweight in investment - grade credit.

He is responsible for credit research, with a focus on conducting fundamental analysis of investment - grade and high - yield banking and financial companies.

Prior to joining Wellington Management in 2003, Joe was a senior portfolio manager and head of US Fixed Income at State Street Global Advisors, working on a wide range of fixed income portfolios, including those concentrating on total return, mortgage - backed securities, non-dollar bonds, and investment grade credit (1996 — 2003).

Many of these credits were already on shaky ground, with ratings that were just above investment grade.

Therefore, Cerulli says, within the context of high - quality fixed - income portfolios, insurers will «generally try to add credit risk on the margin, taking advantage of an individual credit falling a notch or two either within the investment - grade universe, or into the upper reaches of high - yield / non-investment-grade spectrum.»

It is based on the ICE BofAML Diversified High Yield US Emerging Markets Corporate Plus Index which tracks the performance of corporate bonds denominated in US dollars with an average credit rating below investment grade.

The search for yield has put a spotlight on the higher yielding credits like senior loans and high yield bonds but what about investment grade credits?

And as The Financial Times noted on Monday: «US investment grade is now above the main 50 -, 100 - and 200 - day moving averages, sending a bearish signal on credit risk.

An ETF that invests in investment - grade corporate bonds with a focus on bottom - up credit selection.

CIU is an extremely popular take on the intermediate investment - grade credit market.

We prefer U.S. investment grade bonds against this backdrop of reduced compensation for credit risk but are neutral on U.S. high yield.

Either just on the cusp of investment grade or high yield, crossovers fall within the credit ratings scale of BBB + to BB -.

We remain overweight investment grade corporate credit with an emphasis on selective opportunities in the European banking sector.

Investment grade credit spreads in CDS gapped out 4.5 bp on the IBOXX 7 deal.

He focuses on research and analysis in investment - grade and high - yield corporate credits.

Her practice includes representing financial sponsors, corporate borrowers and various lenders on a wide range of transaction types, including leveraged acquisition financings, high - yield bond issuances, asset - based revolving credit facilities, complex restructurings, debtor - in - possession and exit financings and investment - grade, unsecured financings.

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

The value of the property is it's location and strength of the tenant whether they are credit grade and then investment grade BBB - or better on top of that.

• We encourage the Agencies not to undermine the structure of investment grade credit facilities and bank loan syndications by imposing a collateralized HVADC requirement on these unsecured lines.