Sentences with phrase «on investment grade debt»

With European beginning to experiment with negative interest rates on its investment grade debt, carefully casting a wider net might well be in order.

I.e., w / interest rates on investment grade debt so low, most of these defined benefit pension plans r still dramatically underfunded.

Hartford Funds» new ETF joins two other already listed active fixed income ETFs sub-advised by Wellington (Hartford Corporate Bond ETF (NYSE: HCOR), an ETF focused on investment - grade corporate bonds, and Hartford Quality Bond ETF (NYSE: HQBD), a core bond ETF focused on investment grade debt, including mortgage - backed securities and US government securities).

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.

Principal Financial Group added an actively managed fixed - income ETF that focuses on investment - grade quality debt.

Whereas other muni funds might accumulate Illinois debt based on its high yield, regardless of risk, we generally have stuck to investment - grade munis.

Although the largesse is restricted to blue - chip eurozone companies such as food producer Danone or telecoms giant Telefónica, ECB - injected liquidity has spilled into the rest of the market, paring average interest rates on investment - grade corporate debt by some 30 basis points to an even 1 %, Deloitte estimates.

In recent months, the yield on US corporate bonds, especially investment - grade securities, is a little more than 100 basis points compared to the yield on government debt, dropping within striking distance of the lows seen post the 2008 financial crisis.

Leveraging our leading institutional distribution platform, our goal is to provide our clients with solutions across all banking products, including initial public offerings, follow - on offerings, wall - crossed offerings, bought deals, private placements, ATMs, convertible offerings, leveraged loans, investment grade and high - yield debt offerings and all forms of advisory services.

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.

The European Central Bank on Thursday delivered basically what the market expected for QE: 60 billion euros of purchases per month directed at investment - grade - rated government and agency debt and with a total size, considering the contemplated end date by September 2016, of around one trillion euros.

[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 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 agreement.

-» (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.

Major Requirements - Investment - grade rating on senior debt submitted prior to anticipated closing date

Dividend yields in utility companies are on par with investment grade corporate debt yields.

Corporate bonds are considered to be riskier than government bonds because the investment grade rating of corporate bonds varies depending on the debt issuance and revenue of the company.

It stops focusing on US investment - grade debt and gains the freedom to own up to 50 % high yield and up to 50 % international, including emerging markets debt.

Because Men's Warehouse barely has an investment - grade rating, it has to pay high interest rates on its debt load.

(ETF Trends: Nov 6, 2013) ETF Trends» Tom Lydon commented on the upcoming launch of ProShares Investment Grade — Interest Rate Hedged ETF (IGHG), noting that ProShares is adding an «investment grade debt play» to its interest rate hedged bond ETF suite in anticipation of risInvestment Grade — Interest Rate Hedged ETF (IGHG), noting that ProShares is adding an «investment grade debt play» to its interest rate hedged bond ETF suite in anticipation of risinvestment grade debt play» to its interest rate hedged bond ETF suite in anticipation of rising rates.

On a 60/40 equity / debt mandate, using the S&P 500 and the Lehman Aggregate as proxies, the return would be 3.5 % / year, with the lion's share coming from the less risky investment grade bonds.

Qualifying securities must have an investment - grade rating (based on an average of Moody's, S&P and Fitch) and must have an investment - grade - rated country of risk (based on an average of Moody's, S&P and Fitch foreign currency long term sovereign debt ratings).

Securities must be rated at least B3 (based on an average of three leading ratings agencies: Moody's, S&P and Fitch) and must have an investment - grade country risk profile (based on an average of Moody's, S&P and Fitch foreign currency long - term sovereign debt ratings.

Investment - grade bonds are issued by entities with a lower risk of defaulting on debts, such as the U.S. government and corporations on sound financial footing.

In its most basic form, the losing trade, made by the bank's chief investment office in London, was an intricate position that included a bullish bet on an index of investment - grade corporate debt.

We could define the split between «investment - grade» and «high - yield» debt based on the cost of insuring against default for the next five years.

In addition to small cap and big cap value funds I also lightened up on GM & GMAC junk bonds and added to my investment grade bonds by buying AAA and AA exchange traded debt issues that were mainly utilities and financial companies.

The fact is if you look at the largest fund flows on the retail side tend to be in obviously the large public equity markets or investment - grade debt markets.

The Index includes investment grade, fixed rate, taxable, US dollar denominated debt with $ 300 million of par outstanding, and is market cap weighted and reconstituted on the last business day of the month

To qualify for inclusion in the index, securities must have a below investment grade rating (based on an average of Moody's, S&P, and Fitch) and an investment grade rated country of risk (based on an average of Moody's, S&P, and Fitch foreign currency long term sovereign debt ratings).

Our research on the Fundamental Index ® concept, as applied to bonds, underscores the widely held view in the bond community that we should not choose to own more of any security just because there's more of it available to us.10 Figure 9 plots four different Fundamental Index portfolios (weighted on sales, profits, assets and dividends) in investment - grade bonds (green), high - yield bonds (blue) and emerging markets sovereign debt (yellow).11 Most of these have lower volatility and higher return than the cap - weighted benchmark (marked with a red dot).

He advises U.S. and non-U.S. issuers and underwriters on initial public offerings, private placements, high - yield, investment - grade and convertible notes offerings, debt restructurings and cross-border finance transactions.

He has advised U.S. and non-U.S. issuers and underwriters on capital markets transactions, including initial public offerings and other equity offerings and public and private high - yield, investment - grade and convertible debt offerings, including in Latin America.

She advises U.S. and non-U.S. issuers and underwriters on initial public offerings and other equity offerings, public and private high - yield, investment - grade and convertible debt offerings, and private placements.

Our extensive experience includes advising on some of the largest and most complex securities offerings ever by Chinese issuers, including Hong Kong and U.S. IPOs, rights offerings, high - yield and investment - grade debt offerings, convertible and exchangeable debt securities, and complex liability management exercises.

Finkelstein focuses his practice on representing corporate trust institutions as indenture trustees and agents in connection with domestic and cross-border debt capital markets transactions, such as offerings of corporate and municipal, high - yield and investment grade, secured, unsecured and subordinated, convertible, public and private debt issued under trust indentures of domestic and international issuers.

His transactional practice includes advising companies and investment banks on initial public offerings, block trades and investment - grade, high - yield and convertible - debt offerings, as well as advising crypto - asset managers on fund formation and distribution.

In October, U.S. Treasury yields declined 23 basis points on a year - over-year basis, while corporate debt on the low end of the investment grade spectrum increased more than 65 basis points, nearly a 90 basis point increase in the spread between U.S. Treasuries and the low - end of investment grade corporate bonds.