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Issuers
Falling gas prices hit companies' ratings
Wednesday, February 8, 2012
Three US natural gas companies saw their corporate credit ratings cut by Standard & Poor's as the agency lowered its natural gas price expectations.
Comstock Resources fell from B+ to B, Exco Resources slipped from BB- to B+ and McMoRan Exploration dropped from B to B-.
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Trading
Funds
Structured
CFlux secondary
CLO index levels:
| Index | 21 May |
|
| CFlux USD AAA | ↑ | 96.2 |
| CFlux USD AA | ↑ |
88.3 |
| CFlux USD A | ↓ | 84.1 |
| CFlux USD BBB | ↓ | 75.3 |
| CFlux USD BB | ↓ |
74.1 |
| CFlux USD EQ | ↑ | 77.5 |
But on the other hand it is good for TXU and TCH