|
|
 |
|
Viewing report
|
|
|
|
Blue Skies Ahead for Debt Markets in 2000 Dec 99
Standard & Poors, Dec 1999
Abstract
What a difference a year makes. Credit markets turned around in 1999 after the crunch in 1998. With the abatement of the Asian crisis and its fallout in Russian and Latin American markets, confidence flowed back into equities markets, and took the pressure off domestic corporate debt issuers, who had been pummeled in the fourth quarter of 1998. Some upheaval continued into 1999. Expected shakeouts further down the development chain continued. South American economies, like Ecuador and Brazil, faced severe currency devaluation and defaults. Russia's problems continued, and headlines were still filled with international bailouts. But the big story of the 1999 credit year in review was the story that wasn't. The market upheaval that marked the end of 1998...
Companies mentioned in this report are: IBM Credit Corp.,Japan (Unsolicited Ratings),Germany (Federal Republic of) (Unsolicited Ratings),Brazil (Federative Republic of),Freddie Mac,Russian Federation,Ecuador (Republic of)
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
