Tuesday 31 December 2019

All Year’s rating outlook turns negative as bondholders reject two amendments

All Year Management may face more trouble on the horizon as the outlook for its two unsecured bond series, and the company as a whole, were downgraded to negative by Israeli rating agency Midroog on Tuesday. At the same time, the agency has placed All Year’s two secured bond series under review for upgrade, as Yoel Goldman’s firm mulls a possible sale of the underlying properties — although two bondholder votes on Monday may have



source https://therealdeal.com/2019/12/31/all-years-rating-outlook-turns-negative-as-bondholders-reject-two-amendments/

No comments:

Post a Comment