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10.01.2013 16:47:00
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Moody's: North American consumer product company bonds weaker than average
New York, January 10, 2013 -- A review of high-yield bond deals from North American consumer products companies reveals they provide weaker protections, on average, than the bonds of other non-financial corporates, Moody's Investors Service says in a new report, "North American Consumer Products Bonds Offer Below-Average Protection." Nonetheless, in the six key risk areas Moody's evaluates, structural subordination provides a bright spot.
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