Maersk bonds close to falling in with bad crowd

According to Danske Bank, Maersk's corporate bonds are already trading based on the expectation that Standard & Poor's will further lower the group's rating soon. As such, the Maersk bonds face ending up as junk bonds which could cost the group billions in extra loan expenses.

Photo: PR-foto/Maersk

Standard & Poor's (S&P) downgraded Maersk's rating this Tuesday to BBB, a move that generated serious concerns among investors on the financial markets regarding the strength of the major transport and energy group.

And already today, Wednesday, Maersk's corporate bonds are trading under the assumption that the next downgrade to BBB- will happen soon, a fact S&P stated was under consideration.

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