Betekenis van:
downgrade

Voorbeeldzinnen

1. Rating downgrade (Standard & Poor’s) Parent company
2. On 13 May 2002, Moody's, doubting the Company's capacity to implement its debt-reduction strategy, announced a possible downgrade of France Télécom's short-term debt rating.
3. ‘Once the Commission has become aware of a downgrade below the minimum rating requirements, it shall endeavour to replace the corresponding investments.’;
4. a discussion of the impact of the amount of collateral the credit institution would have to provide given a downgrade in its credit rating;
5. For example, a sale following a downgrade in a credit rating by an external rating agency would not necessarily raise a question about the entity’s intention to hold other investments to maturity if the downgrade provides evidence of a significant deterioration in the issuer’s creditworthiness judged by reference to the credit rating at initial recognition.
6. a significant deterioration in the issuer’s creditworthiness. For example, a sale following a downgrade in a credit rating by an external rating agency would not necessarily raise a question about the entity’s intention to hold other investments to maturity if the downgrade provides evidence of a significant deterioration in the issuer’s creditworthiness judged by reference to the credit rating at initial recognition.
7. The rating downgrade, and the justification given by Fitch, illustrates the link between the legal status and the guarantee enjoyed by La Poste on the one hand and the rating by Fitch on the other.
8. The French authorities take the view that the downgrade, which did not occur after a change in La Poste’s legal form, cannot be explained if La Poste’s rating were simply a consequence of its legal form.
9. On 15 January 2009, Moody’s rating agency announced that it had revised certain key assumptions in its rating of corporate synthetic CDOs. As a result, it decided to downgrade several categories of CDOs, although it did not specify which CDOs were affected.
10. The most recent downgrade of La Poste’s rating took place on 21 January 2009, shortly after the President of the French Republic had announced the conversion of La Poste into a public limited company: La Poste’s rating was downgraded to A+, which once again confirms that La Poste’s status as a public entity does indeed have an important influence on the rating, ceteris paribus.
11. The rating downgrade was justified by Standard and Poor’s by the forthcoming deterioration in the group’s financial structure linked to the payment by La Poste of EUR 2 billion to reform the financing of civil servants’ pensions and by ‘La Poste’s greater autonomy in relation to its shareholder’.
12. […] The downgrade of AGF, the holding company, is not specific to any issues within the French franchise and generally reflects the Allianz group’s financial leverage and fixed-charge coverage, which are increasingly aggressive relative to the group’s ratings and are a result of the group’s weakened consolidated capital base and reduced earnings.
13. The downgrade primarily reflects Standard & Poor ' s expectations that FT will acquire the 71,5 % stake it does not already own in German wireless operator Mobilcom, as well as FT's inability to reduce debt sufficiently and rapidly enough to maintain credit measures consistent with the previous ratings. Standard & Poor's also lowered to triple-“B” from triple- “B”-plus its long-term corporate credit rating on Orange S.A., FT ' s majority-owned wireless subsidiary.
14. On 4 October 2006, the day the Commission recommended that France terminate the unlimited guarantee enjoyed by La Poste as a legal entity governed by public law, the rating agency Fitch lowered its rating (from AAA stable to AAA negative) on the grounds that ‘the European Commission’s recommendation’ had to be interpreted as ‘the first tangible sign of pressure on La Poste’s legal status and, therefore, on its rating’. The rating downgrade, and the justification given by Fitch, illustrates the link between the legal status and the guarantee enjoyed by La Poste on the one hand and the rating by Fitch on the other.