[ad_1] UBS Group AG is planning to sell its exposure to a portfolio of loans that Credit Suisse made to junk-rated Italian companies, according to people with knowledge of the…
Tag: Junk
Asia’s junk bonds are making a comeback while China property debt flounders
[ad_1] “What has been somewhat overlooked in recent years is the resilience of the asset class,” he said in an interview in Hong Kong. “There has been so much ample…
Walgreens Cut to Junk By Moody’s on Healthcare Strategy Push
[ad_1] (Bloomberg) — Walgreens Boots Alliance Inc. had its senior unsecured credit rating cut to junk by Moody’s Investors Service, with the credit grader citing the drugstore chain’s high debt…
Michigan Center storefront closes, Junk Yard Dog has new owners & more Jackson County business news
[ad_1] JACKSON COUNTY, MI — A new shop has opened in downtown Jackson, while another closed it’s Michigan Center storefront and the Jackson farmers market has settled into a winter…
China developer Vanke near ‘junk’ status after Moody’s downgrade
[ad_1] HONG KONG — Moody’s Investors Service on Friday cut real estate group China Vanke’s issuer rating by two steps, saying the company faces continued uncertainty despite a show of support from…
China property distress drives up Asian junk bond default rates: Morningstar
[ad_1] Asian bonds with credit ratings near distressed territory have grown as a proportion of the regional high-yield universe since mid-2021, according to a Morningstar report, primarily on account of…
Top Junk Removal Franchises
[ad_1] They say one man’s trash is another man’s treasure. Whatever you call it, Americans have a lot of junk, and more and more people are looking to get rid…
Italy Exits Moody’s Junk Danger Zone in Big Win for Meloni
[ad_1] Italy is no longer in danger of a cut to junk at Moody’s Investors Service, which raised its rating outlook to stable in a huge win for Prime Minister…
Federal, State Agencies Want to Dump Junk Fees: How to Manage Business Risk
[ad_1] LawFlash November 09, 2023 Businesses should be aware that the Biden administration continues its attempt to curb junk fees, with additional actions…