Corporate Debt Defaults in 2009 Set to Eclipse 2001 Record
Globally, 57 companies (50 public and seven confidentially rated) defaulted in the third quarter of 2009, bringing the year-to-date total to 225, according to Standard & Poor’s.The volume of rated debt affected by defaulters in the third quarter was $126.9 billion, with the U.S. region (the U.S., Bermuda, and the Cayman Islands) accounting for nearly [...]
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