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Evan Mann Quotes
«Some investment grade mutual funds and pension plans can't hold paper that's below investment grade. People that couldn't own it because of the ratings restriction now can look at it again.»
«A lot of times the bonds trade closer to investment grade before the actual ratings get there. The market has already baked it in.»
«The timing of (the upgrade) makes sense given that the fourth quarter is such a crucial part of a retailer's year.»
«Even if these improvements fall short of expectations, they will make the company more attractive to a potential buyer.»
«There is a reasonable risk-return trade-off here.»