U.S. Corporate Defaults Set To Remain Low (S&P)

U.S. Corporate Defaults Set To Remain Low, With Solid Recoveries, Say Investor Panelists

Defaults among U.S. nonfinancial corporate borrowers will probably remain low as the economic recovery strengthens, though risks to the stabilization of credit quality remain, said panelists at Standard & Poor's Ratings Services' Leveraged Credit & Recovery Conference in New York.

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European Leveraged Loan Study 2009 (S&P)

European Leveraged Loan Study 2009: Global Economic Crisis Results In A Dramatic Shift In Default And Recovery Rates

Standard & Poor's has completed its annual "European Leveraged Loan Default And Recovery Study," bringing the data and analysis up to date through 2009. The portfolio of transactions now includes data reflecting a full down cycle (2008-2009). Compared to the previous report, which covered only the beginning of the downturn, the most recent results show a much steeper increase in European leveraged loan default rates and a continued decline in recoveries.

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