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Credit Trends: Global Rising Stars: Two U.S. Companies Become The Latest Rising Stars Sep 11 Product Image

Credit Trends: Global Rising Stars: Two U.S. Companies Become The Latest Rising Stars Sep 11

  • Published: September 2011
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services upgraded two issuers to investment grade from speculative grade since our last report. This brings the total number of rising stars this year (through Sept. 8) to 25. The 25 rising stars in 2011 account for US$73.8 (-53.5) billion in rated debt. This is significantly less than the US$226.3 (-156.2) billion in rated debt attributable to the 28 fallen angels (issuers downgraded to speculative grade) so far this year. The number of issuers that have the greatest potential for upgrades to investment grade is 17, a decrease of one since last month. The highlights from this month's report are: The two new rising stars since our most recent report are U.S. companies: URS Corp. and...

Companies mentioned in this report are: Republic of Indonesia,URS Corp.,Petrohawk Energy 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 READ MORE >

Republic of Indonesia,URS Corp.,Petrohawk Energy Corp.

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