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NNSL Media

NNSL Media

Publisher of seven weekly newspapers and various specialty publications circulated throughout Northwest Territories (Yellowknife) and Nunavut (Iqaluit)

Tag: bond

Dominion Diamond-related bond woes fuel worries about NWT industry

by Derek Neary October 21, 2019October 22, 2019

A $550-million bond issued through an entity related to Dominion Diamond Mines has been downgraded multiple times and has reached a level that ratings agency Moody’s deems as “of poor standing” and is “subject to very high credit risk.” Northwest Acquisitions ULC, controlled by the Washington Group, issued the bond two years ago. Moody’s ratings […]

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