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11.10.2016 22:51:00

Moody's: US high-yield bond covenant quality improves in September; Caa/Ca-rated bonds, E&P issuers return to market

New York, October 11, 2016 -- The covenant quality of North American high-yield bonds strengthened again in September, Moody's Investors Service says in its latest report on its Covenant Quality Index (CQI). The index, a three-month rolling average covenant quality score, came in at 4.32 last month compared with 4.34 in August, and is today at its most stable since 2013.

Vollständigen Artikel bei Moodys lesen