The Securities and Exchange Commission (SEC) has charged six credit rating agencies with “significant” recordkeeping failures in maintaining and preserving electronic communications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
El Salvador has repurchased more than $500 million of its bonds at a huge discount, but that may not lessen its risk of a default at the beginning of 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
July 11, 2025
S&P Global Ratings has downgraded its issuer credit rating on Saks Global Enterprises from “CCC+” to “CC,” saying the luxury retailer’s proposed $600 million financing transaction that was announced June 27 is “tantamount to a default.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]
September 03, 2024
The Securities and Exchange Commission (SEC) has charged six credit rating agencies with “significant” recordkeeping failures in maintaining and preserving electronic communications. Get the Full Story Complete the form to unlock...
