Junk status rating

Moody’s, the only rating agency that keeps South Africa above junk, is scheduled to review its credit rating in November 2019. Shutterstock South Africa’s sovereign credit rating has been downgraded to junk status by Standard and Poor’s. Most of us know that this is a bad thing with serious consequences but not why. In this, the first of a two-part series, we look at what junk status means and how it will affect ordinary South Africans. Both SA’s rand denominated debt and foreign currency debt are rated as sub-investment grade or junk status, by S&P. Contingent liabilities S&P views Treasury’s guarantees to SOEs and its contingent liabilities as “sizable”.

Feb 17, 2020 S&P Global Ratings did likewise. Moody's Investors Service changed the outlook on its Kraft Heinz rating—currently at the lowest rung of  Dec 30, 2019 Oak Lawn's credit rating has been reduced to non-investment grade over downgrade Oak Lawn's credit rating to junk status, the village could  Feb 18, 2020 S&P Global Ratings cut the credit ratings of Macy's Inc. to junk status over execution risks connected with its Polaris turnaround plan. Jan 14, 2020 The downside risks to our investment-grade credit rating are significant. Credit ratings agencies are not without fault. However, their rating 

Junk bonds are bonds that carry a higher risk of default than most bonds issued by corporations and governments. A bond is a debt or promises to pay investors interest payments and the return of invested principal in exchange for buying the bond.

In December last year, S&P kept South Africa's credit rating unchanged at BBB-, just one level above junk status. Grade, S&P. Prime, AAA. High Grade, AA+, AA,  South Africa's sovereign credit rating has been downgraded to junk status by Standard and Poor's. Most of us know that this is a bad thing with serious  Feb 17, 2020 S&P Global Ratings did likewise. Moody's Investors Service changed the outlook on its Kraft Heinz rating—currently at the lowest rung of  Dec 30, 2019 Oak Lawn's credit rating has been reduced to non-investment grade over downgrade Oak Lawn's credit rating to junk status, the village could  Feb 18, 2020 S&P Global Ratings cut the credit ratings of Macy's Inc. to junk status over execution risks connected with its Polaris turnaround plan. Jan 14, 2020 The downside risks to our investment-grade credit rating are significant. Credit ratings agencies are not without fault. However, their rating 

Mar 7, 2019 All three of the major bond rating agencies have Illinois rated worst in the the state's bond rating just a step above junk status for some time.

Feb 19, 2020 Renault's shares fell on Wednesday after Moody's cut its rating on the French carmaker's debt to "junk" status, citing weaker profitability as the  Moody's Downgrades Nokia Credit Rating to Junk Status. 'Nokia's far-reaching restructuring plan delineates a scale of earnings pressure and cash  Fallen angelsFallen AngelA fallen angel is a bond that was rated investment- grade but has since been downgraded to junk status due to the declining financial  Feb 18, 2020 Shares of Macy's Inc. took an midday dive Tuesday, after S&P Global Ratings downgraded the department store chain's credit to "junk" status,  Sep 9, 2019 DETROIT, MI (AP) -- Moody's Investors Service has downgraded Ford's credit rating to junk status. The service says it expects weak earnings  In December last year, S&P kept South Africa's credit rating unchanged at BBB-, just one level above junk status. Grade, S&P. Prime, AAA. High Grade, AA+, AA, 

May 30, 2018 The bond rating for a key Eastern Kentucky county was downgraded to junk status this month by analysts who cited its "very weak" 

Aug 17, 2016 An analysis of countries with downgraded credit ratings shows that to sub- investment or 'junk status' by one major rating agency increased  Jun 8, 2017 The rating drop could hamper the health care system's ability to issue Moody's drops Eastern Maine Healthcare's debt to 'junk bond' status. Jan 6, 2012 Fitch downgraded Hungary's credit rating to junk status on Friday, citing a standoff between the government and international lenders like the  Jul 12, 2018 Moody's Investors raised the bond rating for the Chicago Public Schools one notch higher — from B3 to B2 — but still deep into junk status.

May 30, 2018 The bond rating for a key Eastern Kentucky county was downgraded to junk status this month by analysts who cited its "very weak" 

Apr 4, 2017 Treasury has published two infographics better explaining how credit ratings work, and what junk status means for ordinary South Africans. Junk bonds are bonds that carry a higher risk of default than most bonds issued by corporations and governments. A bond is a debt or promises to pay investors interest payments and the return of invested principal in exchange for buying the bond. Read: Infographic from Fin24 on the impact of Junk Status WHAT IS THE RELEVANCE OF A CREDIT RATING TO A COUNTRY? A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.

Sep 9, 2019 The ratings service said Ford's outlook remains stable, but its cash flow and profit margins are below expectations and the performance of peer  Moody's Investors Service has downgraded Ford's credit rating to junk status. By. The Associated Press. September 9, 2019, 3:38 PM. 2 min read. DETROIT  High-yield bond. High-yield bonds are bonds whose ratings from independent rating services are below investment grade. As a result, to attract investors, issuers