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BP Bonds Trade as If BBB, Five Steps Below Rating Firms’ Grades

Posted on June 08, 2010 by bp complaints

BP Bonds Trade as If BBB, Five Steps Below Rating Firms’ Grades
BP Plc bonds are trading as though they are ranked BBB, about five steps lower than rating companies grade the debt, as it tries to contain the worst oil spill in U.S. history.
Read more on BusinessWeek

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