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investment grade

Greece Wins Investment Grade From Standard & Poor’s

Greece's economy received a substantial boost late on Friday after Standard & Poor's upgraded its rating to investment grade for the first time since the country’s debt crisis in 2010. Standard & Poor's, became the first among the “big three”...

Greece Credit Rating Raised to Investment Grade by DBRS

Rating agency DBRS Morningstar lifted Greece’s credit rating to investment-grade status to triple B on Friday following recent upgrades of other international agencies. DBRS said the upgrade reflected its view that, in line with Greece’s “impressive” record, “the Greek authorities...

Second Agency in a Week Raises Greece’s Rating to Investment Grade

Scope, the leading European provider for credit ratings, raised Greece's rating to investment grade on Friday. Scope upgraded Greece's long-term local- and foreign-currency issuer and senior unsecured debt ratings to BBB-, from BB+, and revised associated outlooks to stable, from...

R&I Raises Greek Economy’s Rating to Investment Grade

The Japanese rating agency Rating and Investment Information (R&I) announced on Monday that it has raised the Greek economy rating to investment grade BBB-, with a stable outlook. The investment grade is considered a harbinger of new upgrades by rating...

Greece Raises €3.5 Billion from 15-year Bond Issue

Greece on Tuesday successfully completed a 15-year syndicated bond issue, raising 3.5 billion euros ($3.86 billion) at an interest rate of 4.45%. Bids submitted exceeded 13.4 billion euros, of which 11.6 billion in cash and 1.8% in bond swap. The Greek...

Mitsotakis Pledges Early Repayment of Greece’s Bailout Loans

Prime Minister Kyriakos Mitsotakis pledged on Tuesday that Greece will make an early repayment of 5.3 billion euros of bilateral bailout loans from European countries by the end of the year. This pledge for repayment ahead of time is a...

Greece Has Already Gained Investment Grade, Analysts Say

Greek bonds are already trading as though Greece has regained investment grade, bank analysts told Reuters on Friday. The news agency reports that investors consider Greece's return to investment-grade credit ratings "a done deal". "Investors are hopeful that the New Democracy...

S&P Upgrades Rating Outlook on Greece to Positive

American credit rating agency S&P Global Ratings upgraded Greece’s sovereign credit rating outlook to positive on Friday. S&P affirmed Greece’s rating at “BB+”, that is one notch below investment grade, given also the uncertainty the upcoming general election generates. However its...