SiliconInvestor
     Advanced Search   [ sign in ]

register
Sponsor		  register
Register

 Strategies & Market Trends : 50% Gains Investing

 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
To: Dale Baker who wrote (108797)6/22/2012 4:57:59 PM
From: tom popeRead Replies (2) of 114425
 
They buy their debt at what seems to be a favorable price and get slapped with an SD.

The downgrade to 'SD' reflects the completion of CME's debt repurchase of its

2014 notes at a price below face value. We consider the group's repurchase of

EUR60.5 million of its 2014 notes at a price of 93.75% to be tantamount to

default under our criteria.

Moody's seems determined to bring the ratings business into disrepute.
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQ
Copyright © 1995-2013 Knight Sac Media. All rights reserved.