Speculative-grade bond
Definition: [crh] Bond rated Ba or lower by Moody's, or BB or lower by S&P, or an unrated bond.
Speculative-grade bond
Bond rated Ba or lower by Moody's, or BB or lower by S&P, or an unrated bond.
Spin-off ...
The need for cash to take advantage of investment opportunities that may arise.
Speculative-grade bond
Bond rated Ba or lower by Moody's, or BB or lower by S&P, or an unrated bond.
Speculative motive ...
For example, in a recession interest rates may drop, and the drop in interest rates tends to increase the value of investment grade bonds; however, a recession tends to increase the possibility of default in speculative-grade bonds.
 See also: Senior debt, Subordinated, Mergers, Speculation, Banks
  
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