Fitch, S&P downgrade commercial ABS outlook

Chart_arrow_down_fall_losses_Adobe_230x150
By Jennifer Kang
25 Mar 2020

S&P Global Ratings and Fitch Ratings adjusted their views on the most at-risk commercial ABS asset classes, namely aircraft and whole business securitizations, as the Covid-19 crisis puts even the largest and most well-established issuers to the test.

Aircraft ABS is the most critically impacted sector within structured credit as a result of travel restrictions enacted to control the spread of the virus. Last week, sources told GlobalCapital that many investment banks were circulating orders to hold off funding committed debt transactions in the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.