|
|
 |
|
Viewing report
|
|
|
|
Canadian Defaults and Rating Transitions 2003
Standard & Poors, Oct 2004
Abstract
(Editor's note: The data has been updated in this article to reflect five fallen angel defaults rather than one fallen angel default. This update to the data, however, does not affect the conclusions of the article. Also, the tables in this article are designed for exporting in certain Standard & Poor's products; therefore, printing quality may vary. Changing your page orientation to landscape mode, reducing your page margins, and/or reducing the text size in your browser may improve the printed output.) This study investigates the historical default experience among Canadian corporate issuers. Some of the principal findings of the study are: The default experience of Canadian companies rated by Standard & Poor's Ratings Services has corresponded with economy-wide business insolvency...
Companies mentioned in this report are: Air Canada,Rogers Telecom Holdings Inc.,Telesystem International Wireless Inc.,Microcell Telecommunications Inc.,Viterra Inc.,Stelco Inc.,Nortel Networks Corp.
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.
|
|
|
|
