Corp defaults to rise, says Moody’s

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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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