News

An investment grade is a rating that signifies a municipal or corporate bond presents a relatively low risk of default. Bond rating firms like Standard & Poor’s (S&P), Moody's, and Fitch use ...
Confusion over how the media giant plans to restructure its debt following a spinoff of cable channels like CNN and TNT have ...
Other investment grade ratings are AA+, AA, AA-, A+, A, A-, BBB+, BBB, and BBB-. Bonds in this category are all considered to be at a low risk of default and of high enough quality for most ...
Phoenix-based Grand Canyon University, which is in the process of refinancing outstanding debt maturing in October, received the lowest investment-grade rating of BBB-minus from Fitch Ratings.
Ed Goard, Jim Kelts, and Sam Gilbert of Yousif Capital Management explain how integrating BBB-rated bonds into captive ...
Standard & Poor’s has dropped Chicago’s bond rating from BBB+ to BBB. The lowest investment grade is BBB-. Anything lower is considered “junk.” The move is expected to cost Chicago ...
London-based Vedanta Resources Ltd (VRL) is targeting an investment grade credit rating on the back of its sustained ...
The African Export-Impact Bank (Afreximbank) has joined a pan-African governance unit to criticise Fitch Ratings’ downgrade ...
S&P Global Ratings, meanwhile, has Peru at the lowest investment grade following a downgrade in April.
“This investment grade rating and our access to unsecured capital ... conservative underwriting culture, low credit losses, below target leverage, solid risk management, and experienced ...