(Reuters) - Moody's said a multi-notch downgrade is possible and the
debt cold be cut into junk territory. Moody's currently rates
Nuveen's senior debt "Baa1," the third lowest investment-grade
rating.
"While precise terms are unclear at this time, there are
reasonable indications that the company will be incurring a
material increase in debt," Moody's said in a statement.
Read more at Reuters.com Bonds News
debt cold be cut into junk territory. Moody's currently rates
Nuveen's senior debt "Baa1," the third lowest investment-grade
rating.
"While precise terms are unclear at this time, there are
reasonable indications that the company will be incurring a
material increase in debt," Moody's said in a statement.
Read more at Reuters.com Bonds News
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