Moody’s dampens fears of US retail woes
Moody’s said on Tuesday that the struggling US retail sector would have only a limited impact on structured finance asset classes, with only narrow areas of the market likely to face distress.
Despite a surge of retail bankruptcies in 2017, Moody’s said in a report that the structured finance industry would face only “marginal” risks as a result of the relatively low exposure of deals to weak retail credit and the diversification that securitization provides.Retail bankruptcies have soared in ...
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