Welcome!
Fitch
Property
GLP loses last investment-grade rating from S&P as asset sales drag on
GLP stripped of investment grade rating by S&P on slow asset monetisation
November 04, 2023
Debt and defaults
Former investor darling GLP is now sliding into distress in Asia
GLP's dollar notes have lost most among Asia high-grade in 2023. GLP says liquidity is ample, has worked on governance concerns
May 22, 2023
Broker's Calls
Don’t be deceived by economic rebound -- unemployment lurks in the shadows
Despite the present uptick in economic performance, pandemic and geopolitical risk could bring markets to a standstill again.
July 14, 2020
Noble Group declines as Fitch sees ‘real possibility’ of default
SINGAPORE (June 27): Noble Group shares slid Tuesday on the first day of trading after Fitch Ratings cut the embattled commodities trader’s credit rating to a score indicating that a default is possible.
June 27, 2017
Noble preps for a sale. Or at least its bonds do: Bloomberg Gadfly
SINGAPORE (March 7): If you believe the bond documents, Noble Group really is for sale.
March 07, 2017
Brexit
Sterling pounded again in Brexit tumult
NEW YORK (June 28): Britain's surprise decision to exit the European Union reverberated through the currency market again Monday, hitting the pound especially hard.
June 28, 2016