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Moody's: High yield debt issuance by Canadian companies will increase in 2017

Toronto, December 12, 2016-- Canadian companies will tap the high yield debt market at an increased pace in 2017, issuing domestic and international bonds and loans at levels closer to the eight-year average, Moody's Investors Service says. Refinancing requirements, M&A activity and a return of the commodity sector to the debt market will drive the rise in new issuance. "After a significant slowdown in 2016, we expect speculative-grade debt issuance by Canadian companies to...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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