junk bond
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The telecommunications company had spent some $15 billion building fiber-optic networks in 27 countries since it was launched by former Drexel Burnham junk bond trader Gary Winnick in 1997.
From The Wall Street Journal • Jan. 28, 2026
The debacles “may have repercussions on the financial system more broadly,” warns junk bond guru Marty Fridson, chief executive officer of FridsonVision High Yield Strategy.
From Barron's • Oct. 23, 2025
As federal investigators closed in on Mr. Boesky, he agreed to cooperate, providing information that led to the downfall of the investment bank Drexel Burnham Lambert and its junk bond king, Michael Milken.
From New York Times • May 20, 2024
A few days later, Moody’s rating service downgraded the debt of the national oil company, Petroleos Mexicanos, or Pemex, even further into junk bond status.
From Seattle Times • Feb. 15, 2024
Winnick started out in furniture sales and worked with investment banker Michael Milken, the junk bond pioneer, before he came up with the idea for Global Crossing amid the dot-com boom.
From Los Angeles Times • Nov. 7, 2023
