The average credit quality of European leveraged companies has improved since September 2010, according to Fitch’s portfolio of 291 credit opinions. This was a result of better economic conditions and companies’ cost-cutting measures, the agency said in its European Leveraged Credit H1 2011 Review on Tuesday.
Fitchs credit opinions are point-in-time opinions on individual borrowers that the agency does not rate. They are based on private, confidential information supplied by asset managers and not on any contact with the borrowers. In its report, Fitch considered 291 credit opinions on European leveraged borrowers, with over
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
Or sign up for a trial to gain full access to the entire site for a limited period.
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.