NEW YORK - (Business Wire) Fitch Ratings recently published a new report titled 'The Rising Corporate Default Wave' discussing the complex economic, funding and market trends which are expected to influence the shape and severity of the next cyclical surge in corporate defaults.
On October 30th, at Fitch's annual Morning Credit Brief Seminar - The State of the Consumer, Fitch Managing Director Mariarosa Verde presented Fitch's default outlook and gave additional context on the impact of the financial crisis and subsequent economic weakness on corporate credit quality, including the outlook for funding, liquidity, corporate strategy, and defaults.
In case you missed the seminar, you may access the presentation, titled 'U.S. Corporate Credit & Default Update' and the report, 'The Rising Corporate Default Wave' on Fitch's web site, www.fitchratings.com, Corporate Finance >> Corporates >> Credit Market Research Reports.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.
Fitch Ratings, New York
Mariarosa Verde, +1-212-908-0791
Eric Rosenthal, +1-212-908-0286
Cindy Stoller, +1-212-908-0526 (Media Relations)
cindy.stoller@fitchratings.com
