Moody’s ‘arbitrary’ criteria weaken purpose of corporate hybrids
The latest pronouncement by Moody’s on how it proposes to treat corporate hybrids has thrown up a barrage of questions for those issuers on the cusp of speculative grade. In a special feature, EuroWeek’s Jon Hay analyses what lies in store.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: