• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Credit Trends: Global Fallen Angels: No New Fallen Angels, But A Slight Uptick In The Number Of Potentials Sep 11 Product Image

Credit Trends: Global Fallen Angels: No New Fallen Angels, But A Slight Uptick In The Number Of Potentials Sep 11

  • Published: September 2011
  • Region: Global
  • Standard & Poors

FEATURED COMPANIES

  • Heartland Bank Ltd.
  • Kinder Morgan Inc.
  • Portugal (Republic of)
  • RONA Inc.
  • SEMCO Energy Inc.
  • MORE

Abstract
The number of global fallen angels remained steady since our last report at 28 (through Sept. 7), while the number of potential fallen angels rose slightly by two to 42. The 28 fallen angels accounted for US$226.3 (€156.2) billion in rated debt. This total is significantly more than the US$73.8 (€50.9) billion in rated debt attributable to the 25 rising stars (issuers upgraded to investment grade) that have emerged so far this year. The highlights from this month's report are: The global tally of potential fallen angels rose to 42 as of Sept. 7, an increase of two from our most recent report. These issuers have a total of US$322.7 (€222.7) billion in rated debt. Potential fallen angels are issuers...

Companies mentioned in this report are:
- Kinder Morgan Inc.
- Portugal (Republic of)
- SEMCO Energy Inc.
- WA Network Holdings Pty Ltd.
- Rockies Express Pipeline LLC
- RONA Inc.
- Heartland Bank Ltd.

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 READ MORE >

- Kinder Morgan Inc.
- Portugal (Republic of)
- SEMCO Energy Inc.
- WA Network Holdings Pty Ltd.
- Rockies Express Pipeline LLC
- RONA Inc.
- Heartland Bank Ltd.

Note: Product cover images may vary from those shown

RELATED PRODUCTS