Latest news with #junkstatus
Bloomberg
8 hours ago
- Business
- Bloomberg
S&P Downgrades Warner Bros. Bonds Deeper Into Junk Status
S&P Global Ratings cut Warner Bros. Discovery Inc. 's unsecured bond ratings deeper into junk status after the media company announced it was splitting up, and said that it's reviewing downgrading other ratings of the company. The bond grader said it downgraded Warner Bros. Discovery's unsecured notes to BB, the second-highest junk rating, from BB+, according to a statement Monday.
Bloomberg
21-05-2025
- Business
- Bloomberg
Meloni Looks to Moody's to Finally End Italy's Near-Junk Status
Italy is just two days away from the chance to start shaking off the near-junk status that has hung over Giorgia Meloni's premiership. The prime minister and her colleagues are awaiting a potential review verdict on Friday from Moody's Ratings. That company's shift in August 2022 to place Italy on negative outlook at the last rung of investment grade cast a shadow over the election victory she clinched just weeks later.
