Tuesday, July 24, 2007

UPDATE 1-Moody's warns of liquidity crunch for weak companies

(Reuters) - Liquidity, or available cash and ready assets, has been
declining since 2005 for the lowest-rated companies, Moody's
said in a report.




"If lenders turn cautious -- and eventually they will --
access to additional funding can't readily be assumed for
speculative-grade companies," Moody's said.


Read more at Reuters.com Bonds News

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