The average opening leverage of newly-rated EMEA high-yield companies rose for the third consecutive year in 2013, increasing the expectation that the average rating assigned to high-yield companies rated for the first time in 2014, could decline further, says Moody's Investors Service in its new pu
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp