More than 90% of bank loans in the property/casualty and health segments are below investment grade
This is Equinix's second investment grade
upgrade following S&P Global Ratings' upgrade to BBB-/stable outlook on February 27, 2019, making Equinix's notes index-eligible to further expand its potential global investor base while also triggering the automatic covenant fall-away provisions in certain senior note indentures issued by Equinix.
Cadence Bank, a subsidiary of Cadence Bancorporation (NYSE:CADE), has said that it has received an investment grade
credit rating from S&P Global Ratings, a nationally recognised statistical rating organisation.
'The three major credit-rating agencies gave us a credit rating starting 2010; we have been rated investment grade
since then, and all of them rate us on the second notch of investment grade
we are one notch above the minimum level for investment grade
,' he said.
Global automotive and industrial supplier, Schaeffler, has said that it is planning to issue investment grade
bonds on the basis of its full year figures for 2018 and depending on market conditions.
Moody's retained the Baa2 local and foreign currency deposit ratings or a notch above minimum investment grade
of BDO and Metrobank.
The question is whether it would choose to proceed with a double upgrade and raise Cyprus' creditworthiness to investment grade
or raise it gradually, opting for a more conservative approach.
Speaking on the news, Khaled Abdulla Al Qubaisi, chairman of Tabreed, said: "We are very pleased that Tabreed has been rated as investment grade
by Moody's and Fitch.
Cyprus' return to investment grade
status "will be a very important development," the Spokesman told reporters.
(Reuters) 2 photos LONDON: Russia's chances of reclaiming the 'investment grade
' credit rating it lost three years ago are rising, potentially causing headaches for index-tracking bond buyers who will be wary of US sanctions.
Tribune News Network Doha Credit rating agency Standard and Poor's (S&P) on Friday kept its India rating unchanged at the lowest investment grade
of BBB , with a stable outlook, citing a sizeable fiscal deficit, high general government debt and low per capita income.
The proportion of sovereign bond issuers with investment grade
ratings continues to fall, driven in part by an increase in riskier emerging market debt issuance, says Moody's Investors Service in a report.