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Fallen Angels Count Rises To 10, Article Says Mar 12

  • ID: 2088682
  • March 2012
  • Standard & Poors
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FEATURED COMPANIES

  • ArcelorMittal
  • Edison SpA
  • Eksportfinans ASA
  • F&C Asset Management PLC
  • SEMCO Energy Inc.
  • Voya Financial 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
- Voya Financial 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 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 READ MORE >

Note: Product cover images may vary from those shown
2 of 3

- Eksportfinans ASA
- Voya Financial 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.

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

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