Possible scenario
Ratings Downgrade Risk
20% Chance
Credit-rating agencies may take a tougher view of the post-merger capital structure after the sharp bond decline. The key risk is that Skydance moves closer to high-yield territory, increasing forced-selling risk among investment-grade bondholders.
Initial impacts
- Riskier companies' borrowing costs Up
- Market volatility Up
Secondary impacts
- Consumer Services -1.0%
Tickers
- SKYD-9.7%
- -0.5%
Portfolio impact
S&P 500-0.2%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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