• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Credit Trends: Global Potential Fallen Angels (Premium) Jul 10 Product Image

Credit Trends: Global Potential Fallen Angels (Premium) Jul 10

  • Published: July 2010
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services downgraded two issuers to speculative grade since our previous report, raising the total number of global fallen angels to 11. These 11 issuers account for US$390.72 (-308.47) billion in rated debt. In comparison, 16 rising stars (issuers upgraded to investment grade)--with rated debt worth US$32.43 (-25.79) billion--have been recorded so far this year. Highlights from this month's report are: Greek financial services provider Alpha Bank A.E. remains this year's largest fallen angel by debt volume, with US$29.21 (-23.06) billion in rated debt (see table 6). The tally of potential fallen angels decreased by two since our previous report to 64 issuers worldwide. These 64 issuers have US$230.6 (-182.03) billion in rated debt. Potential fallen angels...

Companies mentioned in this report are: Marsh & McLennan Cos.,Universal Health Services Inc.,Anadarko Petroleum Corp.,SEACOR Holdings Inc.,Ralcorp Holdings Inc.,Alpha Bank A.E.,First American Corp. ,QEP Resources Inc.,SLM Corp.

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, READ MORE >

Marsh & McLennan Cos.,Universal Health Services Inc.,Anadarko Petroleum Corp.,SEACOR Holdings Inc.,Ralcorp Holdings Inc.,Alpha Bank A.E.,First American Corp. ,QEP Resources Inc.,SLM Corp.

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS