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"The merry-go-round will stop, and they are not all going to get financing, " said Eric Thompson, a managing director at Kroll Bond Rating Agency.
WSJ: Commercial Property Owners Facing Higher Rates
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Over the past year, Kroll Bond Rating Agency, Inc. (KBRA) has staked out a claim in the highly-profitable and much-criticized world of credit ratings.
FORBES: Kroll Gets Into Bond Gumshoe Biz, Faces Sticky Issues
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Even so, Anadarko bond investors, fearing rating agency downgrades, have sold the paper in recent days.
FORBES: Oil Spill Estimate: $60 Billion-Plus
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In order to render a legal opinion that will satisfy the parties and necessary third-parties such as a rating agency for a bond securitization, a whole host of issues arise that cannot be rationally addressed for at least two reasons: One, certain transaction restrictions applicable to SCF are considered divine and unalterable.
CENTERFORSECURITYPOLICY: Shariah��s Black Box
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The credit rating agency noted that the bond buyback that the Hellenic Republic is conducting as a prerequisite to getting the next tranche of bailout aid from the Troika constitutes a distressed debt restructuring, which in their books means default.
FORBES: Greece In Default Once Again On Troika-Imposed Bond Buyback, S&P Says
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Brokerage statements never disclose when the rating agency last looked at and studied your specific bond issues.
FORBES: Finally, An Easy Way To Get Timely Municipal Bond Data
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The Fitch credit agency has taken away its triple-A rating, a veritable death knell for a bond insurer.
FORBES: Magazine Article