Posts Tagged ‘

fallen angels

Dear God, don’t make me a fallen angel…

Courtesy of the credit analysts at UBS, who are on the look-out for would-be tappers of the capital markets amid a host of ratings downgrades.

That chart will likely become more crowded by the end of this year. More…

Any angels left in heaven?

Corporate debt sin is on the rise.

The number of fallen-angels — investment grade corporates downgraded to junk status — is rising, according to a report just out from S&P. The rating agency notes that 17 companies have been junked in the past month alone, More…