Transport and energy firm goes off track with S&P downgrade
Standard and Poor's has downgraded French power firm Alstom from BBB+ to BBB, as its credit metrics have deteriorated, while restructuring plans and low order intake will likely also continue to drag on the firm's performance, according to S&P.
CLOs
- Middle market portfolios aren't immune to rate stress, according to new research 2 days ago
- Sona prices CLO number two 2 days ago
- Another 2016 vintage CLO gets reset as Octagon stays busy 2 days ago
- Neuberger Berman resets 2016 vintage for second time 2 days ago
- Beach Point brings in tight price for third US CLO 2 days ago
