AFII research now on the Bloomberg terminal. BRC <go>, Source: ANF, Set alerts
When credit investors refuse to refinance coal, credit ratings drop and bond yields => cost-of-capital increases. We analyze a recent case, the North Queensland Export Terminal (formerly known as Adani Abbot Point) that recently was dropped from BB+ to BB- (neg outlook) on the back of coal related refinancing concerns.
(14 May 2021)