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Trading in Mexico as it teeters on edge of investment grade...

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Mexico has faced a sharp deterioration in its sovereign credit standing within the space of just two weeks in May 2026, with two major...

Defaults creep higher in leveraged credit markets

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Credit markets are navigating one of their most challenging environments in years, with default rates climbing across both public and private debt. The consequences...

Ratings & Analysis: Cautious optimism for Hungary following Magyar win

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Following the estimated 53.6% victory of the Tisza party in Sunday’s election, led by Peter Magyar, the market is establishing its expectations for the...

Origination: Investors side-eye Salesforce US$25 billion issuance to fund equity purchase

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Salesforce returned to the US investment-grade market on 11 March issuing US$25 billion senior unsecured bonds. Book to build for the various tranches came...

Ratings & Analysis: AI comes for credit ratings

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Credit rating agencies are facing the threat of AI, with their share prices taking a major hit this week following the release of new...

Scotland rated AA/Aa3 ahead of debut ‘kilt’ bonds

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Scotland has received its first standalone credit ratings from Moody’s and S&P Global, with both agencies placing the Scottish Government on the same high...

‘Alternative’ rating agencies’ early Greece upgrades led Moodys and S&P

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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

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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

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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

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KBRA has hit back at Fitch Ratings’ claims that private credit ratings are inaccurate, stating that the agency has damaged its reputation and integrity...

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