junk-rated debt

Moody’s Pushes Turkey Debt Rating Down to B2
Strategy

Moody’s Pushes Turkey Debt Rating Down to B2

"As the risks to Turkey's credit profile increase, the country's institutions appear to be unwilling or unable to effectively address these challenges."
By Matthew Heller | September 14, 2020
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S&P Downgrades Guitar Center Rating to CCC-
Financial Performance

S&P Downgrades Guitar Center Rating to CCC-

The rating agency says Guitar Center bondholders could receive less than par in a restructuring, which would amount to a "selective default."
By Matthew Heller | November 29, 2017
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S&P Downgrades Toshiba Debt Ratings Again
Credit

S&P Downgrades Toshiba Debt Ratings Again

The credit rating agency warns of "a growing likelihood that Toshiba will become unable to fulfill its financial obligations in a timely manner."
By Matthew Heller | March 17, 2017
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Gap’s Credit Rating Downgraded to Junk
Strategy

Gap’s Credit Rating Downgraded to Junk

Fitch Ratings expresses doubts about Gap's cost-cutting strategy, saying earnings will fall this year even with $100 million in expense reduction.
By Katie Kuehner-Hebert | May 11, 2016
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Fitch Downgrades Staples to Junk on Weak Sales
Financial Performance

Fitch Downgrades Staples to Junk on Weak Sales

As a standalone company, Staples has "limited ability to reverse declines in sales and EBITDA over the forecast horizon," Fitch warns.
By Katie Kuehner-Hebert | April 8, 2016
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Moody’s Downgrades Brazil’s Debt to Junk
The Economy

Moody’s Downgrades Brazil’s Debt to Junk

The downgrade brings Moody's in line with other rating agencies concerned about Brazil's creditworthiness amid its worst recession in decades.
By Katie Kuehner-Hebert | February 24, 2016
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Junk-Rated Loans Could Incur Big Losses: OCC Comptroller
The Economy

Junk-Rated Loans Could Incur Big Losses: OCC Comptroller

Should the economy come under stress, a large number of leveraged loans could default and cause record losses, according to one banking regulator.
By Iris Dorbian | July 11, 2014
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Investors Demanding Higher Yields on Junk-Rated Loans
M&A

Investors Demanding Higher Yields on Junk-Rated Loans

Loan issuers with risky or large deals are having to bump up spreads and increase discounts to clear the market.
By Vincent Ryan | May 6, 2014
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