TITLE

S&P: Distressed Ratio Declining

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
September 2009
SOURCE
High Yield Report;9/28/2009, Vol. 20 Issue 39, p9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports on the 23.5% drop in the U.S. distress ratio as of September 15, 2009, according to Standard & Poor's (S&P). For this month, the amount of affected debt dropped to 101.9 billion U.S. dollars from 116.4 billion U.S. dollars in August. S&P claims bank, insurance, media and high tech sectors posted distressed ratios beyond their traditional distress levels. The drop in the distressed ratio coincides with a further tightening of corporate bond spreads, S&P noted.
ACCESSION #
45125161

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics