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Adverse Credit Outlook Persists For Consumer-Related Corporates In Australia And N.Z.: Report Oct 07
Standard & Poors, Oct 2007
Abstract
MELBOURNE (Standard & Poor's) Oct. 16, 2007--The divergent rating activity witnessed in the past six months across consumer-related corporates in Australia and New Zealand is likely to persist in the near term, albeit with a slight negative bias, according to a report published today by Standard & Poor's Ratings Services titled 'Adverse Outlook Persists For Australian And New Zealand Consumer-Related Corporates.' The report explores key trends affecting the credit quality of companies involved in agribusiness, airlines, food and beverage, health care, media and gaming, retail, and telecommunications. 'Although the region's rated consumer-related corporates remain largely investment grade, a range of company-specific circumstances and sector-wide factors have led to a modest upswing in both positive and negative rating actions since 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.
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