Cost Of Credit Default Protection On YUM! Debt Hits 6-Year High After Earnings Forecast |
October 08, 2015 | October 2015 Bond Updates |
Protection costs on the debt of quick-service restaurant operator Yum! Brands (NYSE: YUM) today reached the highest readings in more than six years after the company late yesterday slashed its earnings forecast for 2015 amid a weaker-than-expected recovery in its China business. |
View more at: http://www.forbes.com/sites/spleverage/2015/10/07/cost-of-credit-default-protection-on-yum-debt-hits-6-year-high-after-earnings-forecast/ |
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