Tag: Moody’s
‘Alternative’ rating agencies’ early Greece upgrades led Moodys and S&P
Greek spreads over German debt have tightened from 270 basis points to 70 basis points since mid 2022. Non-traditional rating agencies like Scope ratings...
Origination: Chevron issues US$5.5bn as revenue slumps
Chevron issued US$5.5 billion of notes in August after a disappointing second quarter.
The energy giant reported US$44.8 billion in revenues in Q2 2025, a...
Investor demand: French no-confidence vote sharpens pressure on OAT-Bund spread
French Prime Minister François Bayrou’s call for a no confidence vote was scheduled for the 8 September late on Monday 25 August. Aiming to...
Rules & Ratings: Ratings agencies spar in private ratings legitimacy debacle
KBRA has hit back at Fitch Ratings’ claims that private credit ratings are inaccurate, stating that the agency has damaged its reputation and integrity...
Moody’s strips US of its final triple-A
Moody’s Investors Service has cut the long-term sovereign rating of the United States by one notch to Aa1, citing the inexorable rise in federal...
The Book: European HY issuance proceeds spike in Q3
European HY bond issuance year-to-date has generated €121.3 billion in proceeds, the second highest results in AFME’s records. The figure fell just below 2021’s...
High yield bond issuance relative to liquidity
A report by the Association for Financial Markets in Europe (AFME) has found that primary issuance of European high yield (HY) bonds in 2023...
Issuing at the top of the market
The high levels of bond issuance this year, made at what is widely expected to be peak interest rates, are potentially building up high...
Implication of US bank downgrades on credit markets
Markets are truly feeling the economic pressures at present, with Moody’s downgrade to US financials on Monday following Fitch’s controversial downgrade of the US,...
Digital Asset’s new markets blockchain backed by CBOE, Deutsche Börse and...
Digital Asset and a group of capital market participants plan to launch the Canton Network, a ‘privacy-enabled’ interoperable blockchain network designed for institutional assets....
