by bondevalue | Apr 18, 2018 | Credit Ratings, Financial News, Sovereign Bonds, Sovereigns
Moody’s Investors Service upgraded the ratings on Indonesia’s long-term, foreign currency debt by one notch to ‘Baa2’ with a stable outlook, from ‘Baa3’. This comes only a few months after the sovereign’s ratings was raised by one...
by bondevalue | Mar 29, 2018 | Credit Ratings, Financial News, Global, High Yield Bonds, Sovereigns
Tesla Inc.’s 5.3% bonds due 2025 have been plunging sharply in price following the company’s recent debacles, including a fatal crash of its Model X SUV which was using Autopilot driver-assist technology and a credit rating downgrade. Tesla had raised a...
by bondevalue | Mar 26, 2018 | Credit Ratings, Financial News, Sovereigns
S&P Global Ratings raised Spain’s sovereign rating by one notch to ‘A-‘ from ‘BBB+’, citing the country’s “continuously strong economic performance, accompanied by a solid current account surplus and ongoing budgetary...
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 | Feb 13, 2018 | Credit Ratings, Financial News, HomePage, Sovereigns
Fitch Ratings upgraded Macau’s long-term foreign-currency ratings to ‘AA’ from ‘AA-‘, with a stable outlook. The upgrade reflects a number of key ratings drivers, including estimated GDP growth of 8.7% in 2017 following three consecutive...
