03-12-2012, 07:38 PM
(02-12-2012, 12:40 AM)Muck Wrote:(02-12-2012, 12:36 AM)pianist Wrote: looking at the high yield for its bonds, i dun think there is a need to rate them as they are probably default 'junk' status
You're most prob right! That's why I think MW's offer to get Olam's debt rated is nothing short of brilliant.
It is just mischievous. Getting the debt rated now when the company is "under attack" will just play into Muddy's hands.
