After five issuer defaults already this month accounting for nearly $2 billion in new volume, Fitch Ratings now expects the US high-yield default rate to end 2015 at around 3.5% -- above the 2.9% trailing 12- month (TTM) rate through September. This...
Read Story
October 12, 2015, 07:23 AM
|
Total leverage finance and high yield issuance have hit record levels, but overall outstandings have hardly budged as the principal drivers of supply have been repricings and recapitalizations, according to the latest report of Morgan Joseph...
Read Story
March 13, 2013, 08:05 AM
|