search query: @indexterm Debt financing / total: 179
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| Author: | Brown, M. |
| Title: | More or less junk |
| Journal: | Euromoney
2005 : JUNE, VOL. 36:434, p. 82-85 |
| Index terms: | Bond markets Debt financing Finance |
| Freeterms: | Credit ratings |
| Language: | eng |
| Abstract: | This article looks at the long-term consequences of a credit rating companys decision to downgrade Fords and GMs credit ratings from investment grade to high-yield bonds. The move threatens to wipe out the trading profits of hedge funds and banks. |
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