Freeport-McMoRan Bonds Plunge After Debt Rating Slashed By 3 Notches, To Junk |
| January 29, 2016 | January 2016 Bond Updates |
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Bonds backing Freeport-McMoRan (NYSE: FCX) gapped wider this morning following an especially severe fallen-angel downgrade at Moody’s, to a senior unsecured rating of B1, from Baa3, and a resulting negative outlook. |
| View more at: http://www.forbes.com/sites/spleverage/2016/01/28/freeport-mcmoran-bonds-plunge-after-debt-rating-slashed-by-3-notches-to-junk/ |
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