by Megha Malhotra | Jan 18, 2022 | Credit Ratings
Fitch has downgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to CC from CCC, following S&P’s downgrade to CCC from CCC+ last week. Fitch expressed their view of a higher probability of default in the coming months with...
by Megha Malhotra | Aug 26, 2021 | Credit Ratings
American retailer Macy’s Inc. has been upgraded to BB+ from BB by Fitch. The latest rating action puts the company’s ratings just one notch below investment grade status. Fitch cited Macy’s improving revenue trajectory and strong cost reduction as...
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 | Dec 4, 2018 | Bond Market Basics - Educational, Insights
For an investor looking to buy bonds for the first time, navigating the bond market could be tricky because of the varied terms used to describe the characteristics of any given bond. Clearly understanding what to look for when buying bonds might help investors...
