U.S. institutional term loan defaults are on pace for the lowest monthly total since this summer, according to Fitch Ratings in a new report.After jumping to $6.3 billion of defaults in October, November stands at $0.2 billion thus far and could best...
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November 23, 2020, 08:10 AM
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Nine West Holdings's Friday bankruptcy propelled the trailing 12-month (TTM) institutional loan retail default rate to 8.6% compared to the overall rate of 2.7%, says Fitch Ratings. The filing lifted the TTM total retail term loan volume to $5.9...
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April 10, 2018, 08:00 AM
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