Fallen angel and Offeror: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Create page. Source: The Treasurer, Aug 2018, p17.)
 
imported>Doug Williamson
(Layout.)
 
Line 1: Line 1:
1. ''Credit rating''.
The person who makes an offer.
 
An issuer of a bond that was formerly investment-grade, that has now fallen to non-investment grade.
 
 
2.
 
An issuer of a share whose price has fallen very sharply from earlier high levels.
 
 
<span style="color:#4B0082">'''''Energis turnaround'''''</span>
 
:"I followed the turnaround path to Energis, a fallen angel telco, where I had my first line responsibility for treasury."
 
:''Adam Richford FCA FCT, Group Treasurer, Renewi, The Treasurer, August 2018, p17.''
 
 




== See also ==
== See also ==
* [[Credit rating]]
* [[Offeree]]
* [[Junk]]
* [[Investment grade]]
* [[Non-investment grade]]
* [[Telco]]

Revision as of 11:04, 22 June 2016

The person who makes an offer.


See also