Junk-Rated Companies Face $791 Billion in Debt Due by 2019 – the ratings company said in a report released Tuesday. The refinancing needs are the highest since Moody’s projections in 2010, according to the report. Back then, companies faced a $1.2 trillion wall.
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AM Best Revises Outlooks to Negative for ARABIA Insurance Company s.a.l. – These Credit ratings (ratings) reflect AIC’s balance sheet strength, which AM Best categorises as strong. This exposes the company to significant refinancing risk, whilst increasing its expense.
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