by bondevalue | Mar 25, 2020 | Corporates, Credit Ratings
The recently announced Fed Stimulus seems to have given markets some comfort as Monday saw a huge rally in the US. Investor sentiment remains upbeat on hopes that the US senate will pass the $2 trillion stimulus bill, which will boost the world’s largest economy even...
by bondevalue | Mar 17, 2020 | Banks, Corporates, Credit Ratings
More setbacks are in store for Asian markets after Wall Street had its worst day since 1987 with travel lockdowns, social isolation and distancing impacting economic activity. This has forced central banks to act with strong measures but leading many to question if...
by bondevalue | Dec 12, 2018 | Corporates, Credit Ratings, Financial News, Global, Investment Grade Bonds
Anheuser-Busch InBev NV’s senior unsecured debt ratings have been cut by Moody’s to ‘Baa1’ from ‘A3’, putting the world’s largest beermaker 3 steps from junk. AB InBev’s liabilities had dramatically increased in part due...
by bondevalue | Mar 16, 2018 | China, Corporates, Credit Ratings, Financial News, High Yield Bonds
S&P Global Ratings raised Yanlord Land Group’s long-term corporate credit rating to ‘BB’ with a stable outlook, from ‘BB-‘ and raised the long-term issue rating on the company’s outstanding senior unsecured notes to...
by bondevalue | Feb 14, 2018 | China, Corporates, Credit Ratings, Financial News, High Yield Bonds
S&P’s cut HNA Group’s implied rating, for the second time in 3 months, to ccc+ from b due to its “deteriorating liquidity position” as the Hainan-based aviation-to-financial conglomerate faces mounting debt maturities in 2018. The rating...
by bondevalue | Sep 13, 2017 | China, Corporates, Credit Ratings, Financial News, HomePage, Investment Grade Bonds
Just 5 months after its US$3.4 billion multi-tranche issue in April, Sinopec Group, or China Petroleum Corp, returned to the dollar bond markets last week with a US$3.25 billion deal, amassing total new issuance in 2017 of US$6.65 billion. Sinopec is the largest...
