Foreign Currency Bonds Can Rate Higher Than Currency Alone, Moody's Says
Bonds backed by international credit card sales of airline tickets can receive higher ratings than the airline's host-country currency on its own, according to Moody's Investors Service. The agency said that "properly structured" transactions can exceed the ratings ceiling of the carrier's host...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
