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Fallen Angels Count Rises To 10, Article Says Mar 12 Product Image

Fallen Angels Count Rises To 10, Article Says Mar 12

  • ID: 2088682
  • March 2012
  • Standard & Poors

FEATURED COMPANIES

  • ArcelorMittal
  • Edison SpA
  • Eksportfinans ASA
  • F&C Asset Management PLC
  • ING U.S. Inc.
  • SEMCO Energy Inc.
  • MORE

Abstract
NEW YORK (Standard & Poor's) March 15, 2012--The number of global fallen angels for 2012 is 10 as of March 8--twice as many as the previous reporting period, said an article published today by Standard & Poor's Global Fixed Income Research, titled "Fallen Angels In Emerging And Developed Markets, Including The U.S. And Europe: The Count Doubled Over The Past Month." We define fallen angels as issuers Standard & Poor's Ratings Services downgrades to speculative grade from investment grade. Four of these are based in Portugal, including the sovereign itself. "The number of potential fallen angels rose to 41--the first monthly increase since September 2011," said Diane Vazza, head of Standard & Poor's Global Fixed Income Research. "This indicates that...

Companies mentioned in this report are:
- Eksportfinans ASA
- ING U.S. Inc.
- SEMCO Energy Inc.
- Edison SpA
- ArcelorMittal
- Illinois Power Generating Co.
- Banco Santander Totta S.A.
- F&C Asset Management PLC
- REN-Redes Energeticas Nacionais SGPS S.A.

Action: General Comment

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of READ MORE >

- Eksportfinans ASA
- ING U.S. Inc.
- SEMCO Energy Inc.
- Edison SpA
- ArcelorMittal
- Illinois Power Generating Co.
- Banco Santander Totta S.A.
- F&C Asset Management PLC
- REN-Redes Energeticas Nacionais SGPS S.A.

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