by bondevalue | Nov 21, 2017 | Credit Ratings, Financial News, HomePage, Sovereigns
Standard & Poors downgraded Venezuela’s foreign currency debt ratings to ‘D’ from ‘CC’ a week after President Nicolas Maduro gathered creditors for talks over a grand event which yielded little in real results. Fewer than 100 of the bondholders of about US$60...
by bondevalue | Nov 17, 2017 | Credit Ratings, Financial News, HomePage, Sovereigns
Moody’s Investor Service showed its confidence in Indian Prime Minister Narendra Modi’s policy reforms when it raised the country’s local and foreign currency debt ratings for first time since 2004, to Baa2 from Baa3, and changed its outlook to stable from positive....
by bondevalue | Sep 26, 2017 | Credit Ratings, Financial News, HomePage, Sovereign Bonds, Sovereigns
Following Standard & Poors’ downgrade of China’s long-term sovereign credit ratings to ‘A+’ from ‘AA-‘ and the short-term rating to ‘A-1’ from ‘A-1+’, both with a ‘stable’ outlook, the Chinese...
by bondevalue | Sep 20, 2017 | Credit Ratings, Financial News, HomePage, Sovereign Bonds, Sovereigns
Recent credit rating upgrades for Ireland and Portugal represent a hint of optimism for the so-called ‘peripheral’ economies of the EU. At the end of markets close on Friday, Portugal saw its S&P credit rating increase to BBB- from BB+. This puts the country’s...
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...
by bondevalue | Jul 20, 2017 | Credit Ratings, Financial News, HomePage
Dagong Global Credit Rating Co., prepares to introduce a digital credit rating platform in the subsequent months, in bid to boost transparency their country’s at-times-questionable rating environment. This proposed platform requires that companies submit financial...
