1. Borrowers whose debt is downgraded may face sudden death as trigger clauses push up their cost of borrowing and their access to finance dries up. 2. A company is put on the CreditWatch list to warn investors and others that its debt could be downgraded again. 3. If they find the coverage lacking, they say, they may downgrade the debt on the buildings. 4. Wall Street hammered its stock, and most rating agencies downgraded its debt to junk status. 5. Yamaichi decided to close its doors soon after its debt was downgraded. 6. Generally, credit rating agencies warn the market about possible downgrades several months before they actually act to downgrade the debt. 7. JBRI has downgraded long-term debt ratings assigned to foreign currency bonds issued by Thailand from A- to BBB. 8. Korean debt has been downgraded to the status of junk bonds by international credit rating agencies. 9. Mahathir has angrily charged in recent days that the agencies downgrade the debt of developing countries arbitrarily, without proper review. 10. The company fell under pressures from lenders, led by GE Capital, and earlier this week saw its debt downgraded. |