|
|
 |
|
Viewing report
|
|
|
|
Bankruptcy Filing This Week Raises The 2011 Global Corporate Default Tally To 15, Article Says
Standard & Poors, May 2011
Abstract
NEW YORK (Standard & Poor's) May 13, 2011--Puerto Rico-based yellow pages publisher Caribe Media Inc. filed for bankruptcy protection this week, raising the 2011 global corporate default tally to 15, said an article published today by Standard & Poor's Global Fixed Income Research. Ten of this year's defaults were based in the U.S., two were based in New Zealand, and one each was based in Canada, the Czech Republic, and Russia, according to the article, titled 'Global Corporate Default Update (May 6 - 12, 2011) (Premium).' By comparison, 35 global corporate issuers had defaulted by this time in 2010. Of these defaulters, 24 were based in the U.S., two in Europe, three in the emerging markets, and six in the...
Action: General Comment
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
