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2011 Global Corporate Default Tally Remains At 15 For Third Consecutive Week, Article Says May 11
Standard & Poors, May 2011
Abstract
NEW YORK (Standard & Poor's) May 27, 2011--The 2011 global corporate default tally remains at 15 after no issuers defaulted this week, said an article published today by Standard & Poor's Global Fixed Income Research, titled ' Global Corporate Default Update (May 20 - 26, 2011) (Premium).' 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. By comparison, 38 global corporate issuers had defaulted by this time in 2010. Of these defaulters, 26 were U.S.-based issuers, two were European issuers, three were from the emerging markets, and seven were in the other developed region (Australia, Canada, Japan, and New Zealand). Six...
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.
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