Macy's returns to investment grade on robust performance
Standard & Poor's yesterday upgraded Macy's to investment grade, lifting its rating from BB+ to BBB-. The move has been driven by the US retailer's robust performance and results which are better than those of its peers.
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