# Professor Edward Altman notes that 30 percent of companies with debt rated BBB have the potential to move to junk status

1 Faculty News January 27, 2020 ![Fortune logo](/sites/default/files/styles/246w/public/assets/images/con_031172.jpg?itok=61CxYB-R)>

Excerpt from [Fortune](https://fortune.com/2020/01/27/investors-near-junk-corporate-bonds-bbb/) -- "Right now, some 30% of companies with debt rated BBB have the potential of being thrust into junk land, based upon their financial weaknesses, said [Edward Altman](https://www.stern.nyu.edu/faculty/bio/edward-altman), professor emeritus at New York University’s Stern School of Business and director of the Credit and Fixed Income Research Program at the NYU Salomon Center."

[Read More](https://fortune.com/2020/01/27/investors-near-junk-corporate-bonds-bbb/)