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Fallen Angel Watch: Low Triple B Watch or Outlook Neg

CREDIT RATING
Issuer NameTickerS&P RatingMoody Rtg
Alstom SAALOFPBaa3
Altarea SCAALTAFPBBB-
Altareit SCAAREITFBBB-
ARGAN SAARGFPBBB-
CA Immobilien Anlagen AGCAIAVBaa3
Celanese US Holdings LLCCEBBB-Baa3
CPI Property Group SACPIPGRBBB-Baa3
Deutsche Pfandbriefbank AGPBBGRBBB-
DVIDVIVERBBB-
FNM SpAFNMIMBaa3
Fresenius Medical Care AGFMEGRBBB-Baa3
Heimstaden Bostad ABHEIBOSBBB-
HIMESAURBBB- *-
International Flavors & Fragrances IncIFFBBB-Baa3
JCDecaux SEDECFPBBB-Baa3
KION Group AGKGXGRBBB-
LANXESS AGLXSGRNRBaa3
OCI NVOCINVBBB-Baa3 *-
Upjohn Finance BVVTRSBBB-Baa3
Valeo SEFRFPBB+Baa3
VF CorpVFCBBB-Baa3
Walgreens Boots Alliance IncWBABBB-Ba2

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