Corp defaults to rise, says Moody’s

By Victor Jimenez
05 Dec 2018

Defaults among borrowers with speculative grade ratings are set to dive at the start of next year, but only for a while, Moody’s said in an outlook report for non-financial corporates this week.

Participants in the European leveraged finance markets will find a familiar default picture as they enter the new year. The default rate for issuers of debt with speculative grade ratings has continuously fallen during the past 11 months from almost 4% to below 2%. This trend will go ...

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